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Eversource explains why Connecticut bills are high and why undergrounding is costly
Summary
Eversource framed Connecticut electricity bills as driven largely by supply volatility and public benefits charges, said the utility’s distribution/transmission pieces average about $95 of a $213 residential bill, and warned full undergrounding would cost billions and require multi‑decade planning.
Steve Sullivan, president of electric operations at Eversource, told the Northwest Hills Council of Governments that Eversource is an infrastructure company that owns and operates transmission and distribution assets but does not generate electricity in Connecticut.
“We do not make any electricity … we are precluded by law from making electricity in the state of Connecticut,” Sullivan said, explaining that generation is a deregulated, competitive market and that New England’s supply mix relies heavily on natural gas, nuclear and…
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