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Eversource CT adding Public Benefit charge based on customers usage. Will this be the new norm nationwide. (1 Viewer)

T

tonysmiles

Footballguy
Is this going to be a new ploy in Utility companies to recoup losses a lot of furious Eversource Customers in Connecticut

“Eversource said the Millstone credit authorized by the General Assembly in 2017 caused $605 million of the $784 million in unrecovered costs; another $160 million is blamed on mandated benefits for the poor and medical hardship cases.”

Public benefits cover programs approved by state legislators, covering the cost of things such as energy assistance, solar and public assistance.


During the COVID pandemic, Connecticut implemented a no shut off policy, which meant no one’s power would be disconnected. That lasted for more than four years.

Eversource says the increase includes $400 million for power and public benefits and $140 million to cover unpaid bills.

So customers pay for the shortfall Eversource has when it loses consumers to Solar.

Eversource CT Rate Hike
 
“Eversource said the Millstone credit authorized by the General Assembly in 2017 caused $605 million of the $784 million in unrecovered costs; another $160 million is blamed on mandated benefits for the poor and medical hardship cases.”

In layman terms customers are paying another charge so Eversource could recoup this 765 million from the grant and benefits for the poor. Unreal
 
I read the article and still have very little idea of what this is actually about. I think I can probably guess, but it would just be an educated guess. What a horribly written article.
 
IvanKaramazov said:
I read the article and still have very little idea of what this is actually about. I think I can probably guess, but it would just be an educated guess. What a horribly written article.
Click to expand...

It’s funny that I started taking editing classes right when media was dying and everybody decided spell check would suffice as an editor.

“it definitely out [sic] a strain . . . "

There was one other I saw.

It was written by somebody who didn’t understand the rate increase either. She was in solidarity with the customers. "What? I had no idea!"

On the other hand, I just got this joke from Rushmore, so I got that going for me.

Sic transit gloria mundi ("so passes away the glory of the world”). Max, the lead character says that at one point, only he drops the mundi and says “gloria fades,” which is something uniquely American teenager-ish to say.

"Latin. It’s a dead language."
"That’s what I always said!"

Later on . . .

“What did you ever do? I saved Latin!”

Okay, now I’m just rambling.
 
rockaction said:
IvanKaramazov said:
I read the article and still have very little idea of what this is actually about. I think I can probably guess, but it would just be an educated guess. What a horribly written article.
Click to expand...

It’s funny that I started taking editing classes right when media was dying and everybody decided spell check would suffice as an editor.

“it definitely out [sic] a strain . . . "

There was one other I saw.

It was written by somebody who didn’t understand the rate increase either. She was in solidarity with the customers. "What? I had no idea!"

On the other hand, I just got this joke from Rushmore, so I got that going for me.

Sic transit gloria mundi ("so passes away the glory of the world”). Max, the lead character says that at one point, only he drops the mundi and says “gloria fades,” which is something uniquely American teenager-ish to say.

"Latin. It’s a dead language."
"That’s what I always said!"

Later on . . .

“What did you ever do? I saved Latin!”

Okay, now I’m just rambling.
Click to expand...
In the 1978 Chevy Chase-Goldie Hawn movie Foul Play, Hawn's character's name is Gloria Mundy, which has to be a nod to this phrase. Anyway, the most memorable part of the movie, to me anyway, is the climactic car chase through San Francisco, in which all kinds of crazy things happen, i.e., cars, buildings, produce, etc. get demolished, all with a tiny Japanese couple in the back of the protagonists' car. Sick transit, Gloria Mundy. Indeed.
 
If you’re asking if corporations will levy additional fees on customers in response to government regulations/programs that cost corporations money, the answer is yes, of course. They always have and always will.

Can’t imagine this thread last here long
 
I love how the article absolutely does not bother to even try to tell us what Millstone is, and yet "Millstone" seems like the most on-the-nose name possible for whatever it is.
 
I might be tempted to think that the author just made up this "Millstone" thing out of whole cloth, but "Susan Raff" is too functionally illiterate to come up with anything that clever. It has to be real.
 
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