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Ned Lamont: “We put in place a hedge in case there are high natural gas…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

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CT '26: Gov. Ned Lamont on his gubernatorial campaign

Published | Video Starts at 01:38

They're about to pull the plug on nuclear power. I said, you're not doing that. In fact, we're going to keep that going. That's increased supply, carbon free supply. We put in place a hedge in case there are high natural gas prices. That saved our ratepayers about $400 million. allowed us to eliminate the public benefits charge for the next year. I put in a really tough regulator for the first time in a long time that that got the ever sources attention. (01:38–01:46)

CLAIM

Asserts implementation of a hedge that saved ratepayers $400 million.

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