Utilities

It’s no secret that Connecticut has one of the highest total utility cost burdens in America, but it doesn’t have to be that way. Connecticut’s utility monopolies have been raising our rates for years, and the regulators who are supposed to protect us have let them get away with it. Ed’s plan for more public, locally owned utilities could reduce the average bill by up to 40%.*

Eversource made billions in revenue last year, and distributed more than $1 billion in dividends to shareholders. That’s money paid by everyday homeowners, small businesses, and major employers in our community. Less than half of the average Eversource bill is the cost for electricity, and when compared to a public utility in Connecticut, Eversource customers are paying up to 40% more.

Ed will introduce legislation to allow towns & cities to create a local power utility and allow the State of Connecticut to utilize eminent domain to acquire Eversource property to turn it over to towns & cities. Effectively, the State will use its significant budget surplus & reserves to pay the set-up costs for locally owned and controlled public utilities.

We will, quite literally, return power to the people and end the private utility monopolies. This plan will cut bills by between 25% and 40% and give our communities control over our electric, gas, and water rates.

*Comparison of combined Eversource charges per KwH to combined Norwich Public Utilities charges per KwH