News
`Hybrid' Power System Sought
The president of Connecticut Light & Power Co. urged lawmakers Tuesday to partially reverse the state's deregulation of the power industry, saying consumers will get better rates if his company is again allowed to run some of its own generating plants.
March 1, 2006
by Paul Marks
in Hartford Current
Raymond Necci, president of CL&P, the state's largest electric utility, said continued steep rate increases would be less likely under a system letting CL&P build or purchase a limited number of power plants while maintaining a competitive market for the remainder of the electricity needed here. Such a "hybrid" system would be similar to one used in New Hampshire, he said.
Necci said CL&P is ready to build or purchase badly needed small plants, each capable of generating 50 megawatts of power in parts of the state where it is most needed, such as Fairfield County. He did not propose... [continue via Web link]
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