Hartford Business Journal Reports Electric Rates will Continue to Rise in 2018
Utility bills for homeowners will be going up by an average of $7.45 cents per month as of Jan. 1, 2018. The Public Utilities Regulatory Authority (PURA) Friday released revised generation rates for residential and business customers taking Standard Service generation from The Connecticut Light and Power Company, dba Eversource Energy (Eversource), and the United Illuminating Company (UI). Eversource’s residential generation rate will change from 8.01 cents per kilowatt-hour (kWh) to 9.08 cents/kWh. UI’s residential generation rate will change from 7.6 cents/kWh to 9.66 cents/kWh.
Eversource said the average residential customer using 700 kilowatt hours of electricity each month will see an increase of approximately $7.45 per month on the supply portion of their bill. Each customer’s total bill depends on how much energy they use, their rate category, and weather conditions.
Eversource delivers electricity to 1.2 million customers in 149 cities and towns.
PURA spokesman Michael Coyle said customers might see bills run a bit higher during the colder winter months, but that the costs will balance out over a full year’s period.
Eversource and UI recently submitted proposed winter cycle rates based on competitive auctions held earlier this year to procure the electricity needed to meet the forecasted load. Both utilities pass through standard service rates without markup or profit.
The bid process, underlying calculations, and resulting rates were announced Friday following analysis and verification by PURA technical staff.
The Standard Service generation rates for other residential and business customer classes are also set to change effective Jan. 1, 2018. The new rates will be in effect through June 30, 2018.
Approximately two-thirds of Connecticut’s residential customers receive Standard Service generation from Eversource and UI. The remaining residential customers have chosen to receive their electricity from licensed electric suppliers, whose rates may be more or less than the Standard Service depending upon contract terms and the energy source.
HERE IS WHERE GASDA CAN HELP BUSINESS OWNERS AND HOMEOWNERS – WE HAVE A PROGRAM THAT CHECKS ALL SUPPLIERS OF ELECTRICITY IN THE STATE OF CONNECTICUT. BEST TIME TO RENEW IS SUMMER MONTHS STARTING IN MAY AND GOING TO OCTOBER – BUT WE HAVE PROGRAMS THAT ARE 4-MONTHS, 6-MONTHS, 12- MONTHS AND EVEN 24 & 36-MONTHS RATE LOCKS. WE HAVE BEEN SAVING DEALERS MONEY BY WATCHING THE MARKET JUST LIKE WE DO WHOLESALE GASOLINE PRICES. CHECK WITH US NOW TO GET YOUR FREE CHECK ON PRICES – YOU HAVE NOTHING TO LOSE EXCEPT MONEY!Again, this service is provided at NO COST to you! CALL US TODAY 203-327-4773 OR EMAIL ME A COPY OF YOUR CURRENT ELECTRIC BILL TO MIKE@GASDA.ORG
UNBRANDED RETAILERS-YOUR PAYING WAY TO MUCH FOR CREDIT CARD PROCESSING!
GASDA has a NEW #1 Recommended Credit Card Processing Vendor
that will SAVE YOU MONEY AND TO CHECK IT OUT IS ALL FREE!
YOU HAVE NOTHING TO LOSE BUT THE SAVINGS YOUR MISSING OUT ON!
CoCard has a Brand New Program for unbranded Service Stations, Repair Shops and Towing Operators that will save you money over your current credit card processor.
GASDA is Pleased to Announce NB Environmental Services as Another New Recommended Vendor for all your Environmental Needs!
ATTENTION ALL RETAILERS: A Brand New GASDA Bank Lender to Handle All Your Financing Needs
THE STATE BUDGET AND HOW IT CAN AND WILL IMPACT YOU AND YOUR BUSINESS!
YOUR FUTURE IS UNDER SERIOUS ATTACH! – The legislature has failed to pass a new budget this year and they continue to wrestle over how to find new revenue or make enough cuts to get the job done.
Democrats seem to have backed off from a sales tax increase, but are looking to cigarettes and e-cigarette taxes for additional revenue.
The House of Representatives are tentatively scheduled to go into session on Thursday, but without a deal in place with Senate Democrats and the Governor, it will be nearly impossible for them to get a budget done.
This leaves the door open for us to continue our efforts working with Jobbers on increasing the minimum markup on cigarettes, allowing for the sale of beer in c-stores and fixing the gross earnings tax to a fixed cents per gallon (opposed to a percentage tax).
GASDA is asking all dealers/retailers to call your fellow dealers and please send this communication TODAY to your local representatives and the Governor to communicate our industries willingness to be a part of a budget solution without exposing them to the risk that they will have to take in the next election by supporting tax increases. A joint approved GASDA/CEMA letter is prepared in this link.
PLEASE ACT NOW AS TIME IS SHORT!
Copy and Past the below like in your browser to take action NOW –
THE STATE OF CONNECTICUT IS PROPOSING ELIMINATING GASOLINE & DIESEL FUEL IN FAVOR OF ELECTRIC VEHCILES!
YOUR FUTURE IS UNDER SERIOUS ATTACH!
YOU HAVE EVERYTHING TO LOSE BUT YOU CAN STOP THIS!
SEE BELOW THE 226-PAGE REPORT AND CALL THE OFFICE 203-327-4773 OR EMAIL MIKE@GASDA.ORG TO FIND OUT WHAT YOU CAN DO!
Your paying to much If you have not checked this New Insurance Program Out!
GoodWorks Insurance, GASDA’s #1 recommended insurance vendor regularly saves clients 20% or more over direct writers and others and as always all quotes are FREE
so what do you have to lose expect paying to much!!
Again, this service is provided at NO COST to you!
ATTENTION All Gas Retailers
New Law Goes Into Effect January 1, 2017!
Minimum Wage Increase
Something that will directly affect residents is the increase in the minimum wage to $10.10 an hour from the current $9.60. Some state lawmakers are pushing for the minimum wage to go up to $15 an hour in the coming years.
Ban the Box
Employers will no longer be legally allowed to ask prospective employees about prior arrests, criminal charges or convictions in an initial employment application unless required to do so under state or federal law or if the employer must obtain a security or fidelity bond.
Another part of the act will establish a task force to study issues of employment opportunities for people with criminal histories.
The movement is commonly called “ban the box,” which refers to the check mark box on job applications that asks about prior convictions and arrests.
Another GASDA Insurance Vendor Specializing in the
Gasoline-Convenience Store-Repairs Shop Industry!!
ATTENTION All Mobil Retailers
It has come to our attention that Alliance/Global is now starting to send out the first new lease from your old Mobil leases. I have attached Section (B) of the Right of First Refusal Law which for most of you who DID NOT purchase your locations, this will be the section that is critically important.
Please read the Section (B) (SEE BELOW) carefully and then feel free to give me a call as this will affect all Mobil dealers in the State of Connecticut and something that should unite you all again. These new leases will put you out of business or at the very least, cripple your ability to not only make money, but devalue your current Franchise to almost nothing. This will be a battle and you must be prepared for it – if not all your value in your Franchise will be destroyed by these new leases.
While my review along with AJ Barr and John Morgan is not yet complete from what we have seen so far — these lease are devastating and cannot be explained as anything more than taking away what rights you have.
Thankfully we have Section B of the Right of First Refusal Law and united together will be able to work on getting this fixed. Now we must unite, learn from the past and fix the issue at hand. Please, please take the time to call and make sure every Mobil dealer is aware of this even if they have signed the lease already as they may not have known they had rights. This is not the time to say we are mad at any fellow Mobil dealer no matter what. This is the LAST time you will get a chance to fix this problem.
Call Email me so that I have current information as I will be starting a new list of Mobil dealers and need to verify that we have correct contact information. If you know someone has taken over another station send me a quick email so that can make sure I contact that new owner. The larger the group – the cheaper and stronger the force will be to correct this. Just because the law is there does not mean Alliance/Global will just obey it.
New State of Connecticut Requirements for a Permit
to sell Vapor Cigarettes & Products! March 1, 2016 Deadline!
ATTENTION ALL GAS RETAILERS
Major Issue Regarding Underground Tank Insurance
What a Retailer needs to Know about EMV Credit Card Compliance – What You Need To Know!
New Laws Regarding Gasoline Nozzles – What You Need To Know!
Any Retailers Selling Diesel Read This Now – Call or email the office if you have any questions or want a copy of the regulation!
Please share with your members/retail gasoline dealer’s C.G.S. Sec.16a-15(e). We continue to find retail gasoline stations are not aware of this statute that went into effect January 2014:
C.G.S. Sec.16a-15(e) Each person shall publicly display and maintain on each pump or other dispensing device from which any diesel fuel intended as a fuel for motor boats or motor vehicles is sold by such person, the minimum cetane number for such diesel fuel.
Thanks for your support,
Supervisor Food & Standards Division
Department of Consumer Protection
165 Capitol Avenue
Hartford, CT 06106
GASDA Has Teamed Up With ATTABABY Jobs!
To Not Only Save You Time & Money, But To Get Government Funds For Training.
These are Vets Looking for Jobs!
Video of Executive Director Michael J. Fox on how can $6.00 Retail Gasoline Prices Happen As He Testified at Congressional Hearings on High Gasoline Prices
Here you will find the most current stories relating to our Industry and how it effects the consumer. By educating consumers to the truth, we can stop all the “spin” by both Big Oil and some politicians! GASDA will provide you with verifiable facts for you to decide!
Where you will find the most current stories relating to our Industry and how it could impact you and your business. GASDA will do the work for you and search for all stories and post them here. We search hundreds of State, Federal and local sites for the most up to date information!
As we continue to work on both Legislation on a State & Federal level here will be actual bills with changes as they happen. Once a change is posted to a bill or a bill is introduced GASDA will post it here for your review 24-hours per day, 7-days per week!
Click on View below and then on the Bill Number for all info on that bill including current status and amendments!