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Ned Lamont: “Today the price of natural gas is like today, you know…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

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Gov. Lamont talks big issues facing Connecticut | Face More Facts with Mike and Mike

Published | Video Starts at 09:47

We're not over. You're partly right. We overpaid during COVID because everybody was giving away electricity and, and we had guaranteed a 5 cent rate. Today the price of natural gas is like today, you know, maybe 70 cents a kilowatt hour. And I'm paying 5 cents on, you know, our guarantees. So we're making 100, $150 million on that hedge right now. That's helpful. So we're okay on that. What do we do going forward? (09:47–09:58)

CLAIM

Asserts current natural gas price and the state's payment rate.

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