New Deal Means Lower Electricity Costs For Wallingford Ratepayers

Tuesday night, the Wallingford Town Council and Public Utilities Commission approved a deal with Energy New England that will mean lower electricity costs for Wallingford residents, according to the New Haven Register. 

Tuesday night, Wallingford brass signed a deal that would pay Energy New England $560,000 a year, on average, for five years to procure energy for the town's municipal electricity company, according to the Register. That deal is $1.7 million less a year than what the town was previously paying Connecticut Municipal Electric Energy Cooperative for the same service, according to the New Haven Register. 

The deal will mean lower electricity costs for Wallingford ratepayers, although not significantly lower costs, according to the Register. By 2018, the average customer's electricity bill is expected to be $1.84 less, according to the Register. 

“After talking with all of their existing clients, we had a high level of confidence that ENE was the right choice for us,” PUC Vice Chairman David Gessert told the New Haven Register.