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FIGHT THE HIKE
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FIGHT THE HIKE
is a citizen/consumer coalition that has come together to
fight the recent huge electric rate increases in CT. We
believe that these massive increases are unjustified, having come
about as a direct result of the recent deregulation of the
electrical utilities.
JOIN US on JAN 31st
10am, to LOBBY the GOVERNOR and the LEGISLATORS
and at 11:30 am for a RALLY |
FIGHT THE HIKE - INCONVENIENT FACTS JAN. 2007
FIGHT THE HIKE is a citizen/consumer coalition that has come together
to fight the recent huge electric rate increases in CT. We believe that
these massive increases are unjustified, having come about as a direct
result of the recent deregulation of the electrical utilities.
Deregulation was supposed to result in new companies starting up, which
would keep prices down by offering competition. Initially this did happen,
but, predictably, these new companies largely failed, so that now we have
neither regulation nor competition. And now come the rate hikes:
United Illuminating has been granted a 50% hike, 24% starting this
month, and 26% in mid-2007; and CT Light & Power has been given a 22%
hike last summer followed by a 7.7% increase this month, a total of 29.7%.
OUR DEMANDS
- The rate hikes must be RESCINDED immediately,
- The state legislature must pass RE-REGULATION LEGISLATION, and
- The DPUC members, who have approved the hikes, must RESIGN for
failure to uphold the public interest.
Re-regulation legislation must:
- Support the public's need for reasonable utility rates,
- Promote conservation, and
- Allow for transparency and full public accountability.
SOME OF THE INCONVENIENT FACTS
- CT now has the highest electric rates in the continental United
States.
- UI's earnings are up: their 3rd quarter 2006 earnings alone were
almost equal to their total earnings in 2005. In addition, the CEO
compensation at both UI and CL&P are in excess of $1,000,000 each.
- The five municipally owned Utility Districts in CT, such as
Wallingford, are able to provide electricity at much lower rates.
- The social and economic effects of these huge increases will be
devastating to those on fixed incomes, the poor, and small businesses.
JOIN US on JAN 31st, 10am, to LOBBY the GOVERNOR and the LEGISLATORS,
and at 11:30 am for a RALLY
JOIN FIGHT THE HIKE:
For more info, call Frank Panzarella at (203) 562-2798
Here is a fact sheet from the Fight the Hike group.
We have organized a rally and Lobby day for Jan. 31st at the
Legislature in Hartford. We have 3 free buses that will leave from around
9 a.m. that morning.
- New Haven City Hall,
- Long Wharf and
- Career High School
Anyone angry about this outrageous electric rate increase and the chaos
created by de-regulation should come and help us pressure the legislature
to come up with a more rational plan for long term clean, sustainable
energy stability in CT. If you are interested in reserving a seat on a bus
please call the number below or e-mail to frankpanzarella@hotmail.com
Other information from the webmaster. Impress the Governor and
Legislators ... learn some the nitty-gritty facts and trivia about energy
in New England before lobbying.
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ISO New England
ISO New England helps protect the health of New England's economy
and the well-being of its people by ensuring the constant
availability of electricity, today and for future generations. ISO
New England meets this obligation in three ways: by ensuring the
day-to-day reliable operation of New England's bulk power generation
and transmission system, by overseeing and ensuring the fair
administration of the region's wholesale electricity markets, and by
managing comprehensive, regional planning processes.
For more information, click => here |
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Annual Energy Outlook 2007
The Annual Energy Outlook presents a midterm forecast and
analysis of US energy supply, demand, and prices through 2030. The
projections are based on results from the Energy Information
Administration's National Energy Modeling System. The AEO2007
Early Release includes the reference case. The full publication, to
be released in early 2007, will include complete documentation and
additional cases examining energy markets.
For more information click => here |
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