Connecticut residents pay the most for electricity in the continental United States, paying 17.33 cents per kilowatt hour, compared to the United States average of 11.43 cents.
And that number will only increase, unless the governor and the state legislature keep their promise, Kevin Hennessy, Dominion’s director of governmental affairs for New England, said Monday.
Last year, Gov. Dannel Malloy and the state legislature increased taxes on Millstone by . That tax, per promise of the governor, is set to expire in July of 2013, Hennessy said.
“It was extraordinary circumstances,” he said, referring to the state’s $3.5 billion deficit. “We said we would pay that for two years, and not pass it on to ratepayers.”
But if the tax is not sunsetted Dominion will pass that cost on to ratepayers, Hennessey said. Millstone Power Station, which is owned by Dominion, is Connecticut’s largest producer of energy, so that will mean an increased cost in electrical rates, he said.
“The governor has been good to us so far, and has kept his word,” he said. “And we hope to continue that relationship.”
Last year the state legislature also proposed a bill that would have increased , although it eventually failed. Malloy said he would have not signed the bill if it reached his desk.
Editor's Note: The original article said the cost per kilowatt hour in Connecticut is $17.33. The actual cost is 17.33 cents per kilowatt hour.
Their taxes should have been increased given their wind-fall profits and that this site is a cash-cow for their other operations outside CT. This is, if what's happening elsewhere in the nation and world, a dying form of energy production (the sheer cost, the fact it must be subsidized by tax payers which goes directly into the pockets of Dominian executives, and that on the open market there are NO takers, makes this an unsustainable means of producing energy...and then there's the security and associated health issues which are enormous). Whether, like the tobacco industries denial for years regarding the connection between smoking and cancer, we have the empirical evidence to support it, one can only state emphatically, that energy is a monoply because it is, like water and food, an absolute need. It should not be in the hands of profiteers.