Torrington Approves Interim Power Cost Adjustment Pending PSC Review
What happened
Torrington approved an interim power cost adjustment application following the receipt of a bill showing higher power transmission costs than expected. Although approved by the city council, the application must now be reviewed and either approved or denied by the Wyoming Public Service Committee. If the committee approves the application, rates will increase by two cents per kilowatt hour starting November 1st for a 12-month period.
From wyomingnewsnow.tv
Why it matters
The approval of this adjustment would raise summer rates in Torrington from 11 cents per kilowatt hour to 13 cents, and winter rates from 9 cents to 11 cents. The city noted that there is currently no definitive explanation for the overall increase in transmission costs.
From wyomingnewsnow.tv
Who's involved
- TorringtonThe city that approved the interim power cost adjustment application due to higher transmission costs.
Who could feel it
Possible knock-on effectsThese are possibilities Brind reasoned out, not predictions, and not advice. Most are not stated in any report.
- TorringtonSpeculative
Torrington ratepayers might face increased utility costs starting November 1st if the Public Service Committee approves the adjustment.
- FuelCell EnergySpeculative
FuelCell Energy might see higher manufacturing operational costs due to the potential utility rate increase.
Keep exploring
The entities involved
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Torrington
city in Litchfield County, Connecticut, USA
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