Credit Rating Agencies Downgrade Connecticut Utilities Due to Regs

As we told you two weeks ago, Connecticut’s Democrat Governor, Ned Lamont, wants to keep his nuclear and gas-fired power plants operating (for now) to avoid potential blackouts (see Gov. Ned Lamont Fiddles While Connecticut’s Electric Rates Burn). However, Lamont isn’t interested in building more pipelines or new gas-fired plants. He’s happy to allow the residents of Connecticut to continue paying some of the highest electric rates in the country because, you know, global warming. Unfortunately for Connecticut ratepayers, their rates will continue to climb because of the state’s overregulation. Read More “Credit Rating Agencies Downgrade Connecticut Utilities Due to Regs”