Yankee Gas to File Massive Rate Hike Request; CT Senate GOP: “Unsustainable”

Sen. Ryan Fazio, Ranking Senator on the Energy and Technology Committee and Sen. Stephen Harding issued the following statement regarding the announcement by Yankee Gas that it will soon file a request with the Public Utilities Regulatory Authority for a $209 million rate hike.

“This is like the movie ‘Groundhog Day’ but it’s devoid of humor and it is totally unsustainable for already struggling Connecticut families and employers. A nearly 30 percent increase in ratepayers’ bills could result if this gets approved. The budget hits to ratepayers will keep on coming if Connecticut’s state elected officials continue to do nothing about this energy emergency. Democrats control all levers of political power in Connecticut. They don’t see the need, or the urgency, to hold a special session at the State Capitol to stop the bleeding. So, the bleeding will continue.”

For months, Republican lawmakers have been pushing for a special session to provide relief to ratepayers.