Submitted by Office of State Sen. Norm Needleman
(April 23, 2026) — An electric rate adjustment approved by the Public Utilities Regulatory Authority for Connecticut utility companies will save customers an average of $30-34 per month for a customer using an average of 700 kilowatts per month.
Under the approved adjustment, starting May 1, 2026 the average Eversource customer will see rates reduced by 4.3 cents per kilowatt hour, saving $30 per month, while United Illuminating customers will see rates fall about 4.9 cents per kilowatt hour, an average monthly reduction of about $34.
“I’m heartened to see this rate adjustment approved, with rates expected to be even lower than initially expected in March,” said Sen. Norm Needleman. “It’s remarkable to see the public benefits charge go negative and provide direct relief for ratepayers. This is further evidence that the state’s continued effort to reduce utility costs for ratepayers is bearing fruit. Legislators are focused on building on this momentum, delivering better rates to Connecticut households at a time when they need help.”
The public benefits charge on ratepayer bills is expected to go negative – meaning it will reduce, not increase, money that is owed on bills – through at least September, 2026.
The adjustment will remain in place for one year. The price reduction is largely attributed to reductions in the public benefits charge, with nuclear energy contracts in particular saving significant amounts for consumers. Other costs being shifted to bonding in legislation passed in recent years further also support the price decrease.
