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HB 5929

AN ACT REQUIRING THE PUBLIC UTILITIES REGULATORY AUTHORITY TO MAKE MORE FREQUENT RATE ADJUSTMENTS.

2025 Regular Session Introduced by Tammy Nuccio

Connecticut bill would require more frequent utility rate adjustments to reduce lag between cost increases and customer billing changes.

REF. TO JOINT COMM. ON Energy and Technology
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Bill Summary · HB 5929

Legislative bill overview

HB 5929 would require Connecticut's Public Utilities Regulatory Authority (PURA) to adjust utility rates more frequently than the current process allows. Rather than waiting for comprehensive rate cases that can take years, utilities could request and receive adjustments at shorter intervals. The bill aims to address the lag between cost changes and rate updates that currently affect both utilities and ratepayers.

Why is this important

Utility rates are typically set through infrequent, lengthy regulatory proceedings that can take 12-24 months. During this time, actual operating costs may rise significantly—due to inflation, fuel prices, or infrastructure investments—but rates remain frozen at old levels. More frequent adjustments could allow utilities to recover costs faster and potentially reduce the need for large, sudden rate increases, though ratepayers would face more frequent billing changes.

Potential points of contention

  • Ratepayer protection: More frequent rate increases could mean higher bills more often. Consumer advocates may argue this shifts financial risk from utilities to customers and removes the incentive for utilities to control costs between proceedings.
  • Regulatory burden: PURA would need additional resources to handle more frequent rate cases, raising administrative costs that ultimately affect ratepayers.
  • Cost certainty: Businesses and households benefit from knowing their utility rates for extended periods; more frequent changes create budgeting uncertainty for both residential and commercial users.

Compiled from official sources — confirm details with the bill’s official record.

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