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ctrealestateatty t1_j63f7xh wrote

Yet again, this has nothing to do with Eversource. They’re just pass through billing, and spot prices of gas are irrelevant and at least 2 layers of companies below ES.

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[deleted] t1_j63rxt7 wrote

Love that I am not the only one who gets berated and told to GFY essentially for speaking truth about utility dynamics.

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PoorInCT t1_j66mj94 wrote

so you mean they do the billing for free...

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BeerPizzaGaming OP t1_j63pmg3 wrote

It does....Perhaps you should read what I wrote and educate yourself before you make idiotic statements.
The natural gas market has been in free fall since August. This is directly correlated to what we pay given the rate is set for 6 month periods. Unfortunately/ fortunately there is not a monthly variance tied to the price of natural gas. There are many issues in play but CT pays the 3rd highest rate only behind Hawaii (whom has to ship all gas in) and Maine. A substantial portion of Eversources profits come from CT relative to the other states they serve. The most recent rate (effective on Jan 1) was set when prices were at their peak.

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