Also from Eversource: Eversource CT is rolling out new electric bills that will give consumers a better sense of where the dollars in their monthly payment go. The new bills should begin arriving in customers’ mailboxes this month.
Eversource worked with the Public Utilities Regulatory Authority (PURA) to develop the new bills.
Consumers will now see that there are four elements of their payment: supply, transmission, local delivery and public benefits. Three of the four are related to how much electricity a customer uses. Local delivery is a charge is a flat rate regulated by PURA. The bill breaks out the amount of each charge and its percentage of the total bill.
Supply is the cost of electricity from Eversource’s Standard Service or a third-party supplier of electricity. Customers can choose from whom to purchase their electricity. The charge is dependent on a customer’s monthly usage and market conditions. Since the deregulation of the electric utilities in Connecticut, utilities purchase electricity from third-party suppliers and pass that cost, without a markup, to customers.
Transmission is the cost to maintain high-voltage towers and lines and is regulated by the Federal Energy Regulatory Commission. The charge is dependent on a customer’s monthly usage.
Local delivery is the cost to Eversource to build, maintain, and repair poles, power lines, and meters that deliver power from a substation and the people who maintain and repair the system. That charge is regulated by PURA.
Public benefits are charges authorized by the state for energy support programs.
The bill will also allow customers who have a third-party electricity supplier to see when their contract ends, who their supplier is, and how what the supplier charges compares to Eversource’s Standard Service charge.
Other information on the bill includes a 13-month summary of kilowatt hours used. That will allow consumers to see how their electricity use has changed month by month. Also included in the new bill is customers’ meter readings and the meter reading schedule.
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