CT slides to fourth most expensive electric state

Entering the summer, Connecticut shed its moniker as the most expensive electric state in the continental U.S.

Connecticut is typically has third highest electric rates in the nation behind Hawaii and Alaska, but in the summer, demand kicks up in other states, causing their prices to exceed Connecticut.

For June, Connecticut slid to the fourth most expensive electric state with prices at 15.4 cents per kilowatt, behind Hawaii (36.23), Alaska (16.03) and New York (15.89), according to the U.S. Energy Information Administration. EIA reports electric rates on a three-month delay.

Read full article on HartfordBusiness.com

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