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Ned Lamont: “Next year at this time we'll be much better prepared to be…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

Lower electricity rates approved in Connecticut

Published April 22, 2026 | Video Starts at 14:13

And that would have stabilized things in a dramatic way. The good news is revolution wind. The turbines are spinning now. So Next year at this time we'll be much better prepared to be able to handle a very cold weather. at that. That said I think there's some good news coming in. Your electric bills starting at about eight days and I think it's going to continue for the near term. (14:13–14:18)

CLAIM

Asserts that by next year, preparations will improve for handling cold weather.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.

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Ned Lamont

“That hedge has now made us about $250 million US meaning you, the ratepayers, $250 million last year and $200 million this year and…”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 12:00-12:10
“The number of arrearages has gone down dramatically from 100 million to 50 million to probably 25 million now.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 13:08-13:15
“We'll probably be the only state in the country that's saying your electric rates are going down in eight days.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 25:06-25:12
“Starting in about eight days, your Eversource bill is going to be about $30 less.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 10:31-10:36
“For those on UI, it'll be about $34 a month.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 10:41-10:47
“Millstone, our nuclear power plant, was threatening to pull the plug and end nuclear power in this state.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 10:58-11:06
“We made them a deal. We said almost 5 cents a kilowatt hour.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 11:18-11:23
“We've been able to really eliminate the public benefits charge, you know, for the foreseeable future, say the next year or so.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 12:10-12:18
“Electricity prices spiked up a lot this January.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 13:39-13:43
“If we had had our wind power going at about almost 10 cents a kilowatt hour, that would have stabilized prices.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 13:48-13:55
“The good news is revolution wind. The turbines are spinning now.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 14:09-14:13
“Your electric bills starting at about eight days and I think it's going to continue for the near term.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 14:20-14:26
“We're making money on the nuclear hedge. It'll continue as long as the price of natural gas is elevated like it is now.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 16:42-16:49
“Rates are going to go down in eight days.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 22:04-22:06
“Your bill will be going down at least $30 a month.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 22:19-22:23
“We have the highest electric prices. New England generally has the highest.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 24:38-24:43
“We have relatively high electric rates compared to the rest of the country.”
Lower electricity rates approved in Connecticut | Uploaded April 22, 2026 | 25:00-25:04