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Ned Lamont: “We're making money on the nuclear hedge. It'll continue as…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

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Lower electricity rates approved in Connecticut

Published | Video Starts at 16:42

We'll call that eliminating the public benefits charge. That's not what we're doing. We're not playing that game. This is actually a credit thanks to the fact that 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. Ever sourced through earlier today expressed some concern that this, because they say that the return is basically excess was collected over the last year that's being returned to customers. (16:42–16:49)

CLAIM

Asserts that profits are being made from the nuclear hedge due to elevated natural gas prices.

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