State Funding Extends Utility Relief
Connecticut has approved $145 million in new bonding to extend electric bill relief for residential customers through April 30, 2027. Authorized under Public Act 25-173, the state-funded program aims to lower public benefits costs on utility bills, providing predictable relief through the winter and spring.[1][2][3]
The $145 million package splits its focus between direct customer assistance and clean energy infrastructure. Specifically, $125 million is dedicated to affordability programs, while the remaining $20 million will fund electric vehicle charging infrastructure.[4]
State officials report that these bond funds are reducing the average overall residential customer bill by 3-5%. This relief builds on earlier measures, including fixed-price nuclear contracts with Millstone and Seabrook that insulate ratepayers from volatile fossil fuel prices, which helped drive down residential electric bills for Eversource and United Illuminating customers by an average of 18% in 2026.[5][6][7]
While the public benefits category has appeared as a credit on customer bills since 2026, the long-term impact on future utility rate filings after the current relief expires in April 2027 remains unresolved.[8][3]
Key takeaways
- Relief is authorized through April 30, 2027, under Public Act 25-173. 1 source
What’s unresolved
- Specific impact on future utility rate filings beyond April 2027.
Citations
- [1] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs The State Bond Commission approved $145 million in bonding to enable a reduction in public benefits costs on electric bills. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [2] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs Public Act 25-173 authorized the use of state bond funds to reduce public benefits costs on electric bills. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [3] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs The reduction in public benefit costs is enabled to continue through at least April 30, 2027. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [4] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs The $145 million in bond funds includes $125 million for affordability programs and $20 million for electric vehicle charging infrastructure. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [5] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs State bond funds are reducing the average overall residential customer bill by 3-5%. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [6] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs Nuclear contracts with Millstone and Seabrook provide energy at fixed prices to insulate ratepayers from fossil fuel volatility. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [7] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs Residential electric bills for Eversource and United Illuminating customers decreased by an average of 18% in 2026. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP
- [8] Connecticut Governor Lamont Announces $145 Million in Bonding to Reduce Electric Bill Costs The public benefits category has appeared as a credit on customer bills since May 1, 2026. Manifest ID 1788910079910430526 - Connecticut Governor Newsroom - interrogate via MCP