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State officials and executives with Connecticut's two biggest electric companies have reached a short-term agreement they say will help people afford a proposed big increase in electric rates at the start of the new year.
The Jones Act of 1920 was supposed to protect the U.S. shipping industry. But, Eversource is concerned it could hamper their ability to respond to energy emergencies.
Eversource is asking Massachusetts regulators for approval to raise electricity rates starting on January 1.
Electric customers could be facing another hike to their bills as Eversource is set to present a new rate contract to the Public Utilities Commission in three weeks.
Eversource is looking to raise rates customers pay on part of their utility bills and you could see a nearly 50 percent increase.