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United Illuminating Residential, Small C&I Default Service Rates Increasing 20%

November 17, 2023

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Copyright 2010-23 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com

The following story is brought free of charge to readers by VertexOne, the exclusive EDI provider of EnergyChoiceMatters.com

United Illuminating has filed new default service rates with the Connecticut PURA for the period beginning January 1, 2024

The January 1, 2024 to June 30, 2024 UI residential (Rate R) Standard Service rate will be 17.0625¢/kWh, which is 20% higher than the current UI Rate R rate of 14.3344¢/kWh. All of the Standard Service rates in this story include the updated Bypassable FMCC which is proposed to be set to 0.0826¢/kWh

The UI Rate GS Standard Service rate will increase to 17.0520¢/kWh on January 1, 2024, which is about 20% higher versus the current rate of 14.3668¢/kWh

New Standard Service rates for January 2024 through June 2024 are as follows, in cents per kWh (for Rates LPT & GST, rates only applicable for customers under 500 kW).

UI Jan-Jun 2024 Standard Service Rates (¢/kWh)
** Rates include Bypassable FMCC **
 
Rate R:       17.0625 
 
Rate RT
  On-Peak:    19.7257 
  Off-Peak:   16.2257 
 
Rate GS:      17.0520 
 
Rate GST
  On-Peak:    18.8984 
  Off-Peak:   15.8984 
 
Rate LPT
  On-Peak:    18.9453 
  Off-Peak    15.9453 
 
Rate M:       17.7978 
 
Rate U:       17.7978 


The Last Resort Service Generation Services Charge (GSC) rates for the three-month period beginning January 1, 2024 are as follows, in cents per kWh:

Rates GST & LPT* (Above 500 kW) GSCs
 
Jan 
  On-Peak:    23.3599 
  Off-Peak:   23.3599 
Feb 
  On-Peak:    22.2939 
  Off-Peak:   22.2939 
Mar 
  On-Peak:    13.5589 
  Off-Peak:   13.5589 
 
*Rate LPT Shoulder & Off-peak price is the same

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