- Associated Press - Wednesday, December 17, 2014

HARTFORD, Conn. (AP) - Connecticut regulators have given final approval to a rate hike for Connecticut Light & Power that will raise consumer costs by a total of roughly $100 million.

The utility had initially asked to increase revenue by $232 million but Connecticut’s Public Utilities Regulatory Authority said earlier this month that should be cut nearly in half.

The monthly service charge - a fixed amount that most residential customers pay regardless of usage levels - is currently $16, and CL&P; asked for an increase to $25.50. On Wednesday regulators said they would allow an increase to $19.25 monthly.

Overall, the average residential customer is expected to see an increase of approximately $7.12 per month.

CL&P; provides service to approximately 1.2 million customers in 149 towns and cities in Connecticut.


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