Lawmakers move to slash electric costs with major overhaul

The bill could reduce monthly charges by about $15. That fee helps fund hardship programs and renewable energy projects.

News 12 Staff

Jun 3, 2025, 11:43 AM

Updated yesterday

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The state Senate has approved a sweeping plan to lower electric bills by trimming the Public Benefits Charge.
The bill could reduce monthly charges by about $15. That fee helps fund hardship programs and renewable energy projects.
Gov. Ned Lamont said the plan begins a broader effort to hold down electricity rates. "I think they'll reduce some other costs," he said. "It's the beginning of a process."
The legislation removes $800 million in Public Benefits Charges over three years. It also cuts renewable energy subsidies, shifting funding for hardship programs and EV chargers to long-term borrowing.
The House of Representatives could take up the bill today.



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