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BERLIN, Conn. — Eversource residential electric customers in Connecticut are expected to see a lower supply rate starting July 1, though their summer bills may still rise due to increased energy use.
Pacific Gas and Electric has proposed another rate increase beginning in 2027 but says customer bills are expected to remain flat.
KU and LG&E are seeking rate hikes, citing a need to respond to increased severe weather events in the commonwealth.
Documents show customers went from paying about $166 for their monthly combined gas and electric bill in 2018 to an average of $300 per month in 2025.
Shares of NextEra Energy NEE have gained 9.2% in the last three months compared with the Zacks Utility - Electric Power industry’s rally of 5.1%. The company has also outperformed the Zacks Utilities ...