The good news, especially for Connecticut, is combined cycle gas turbines. They'll generate cheap electricity in a relatively environmental way, using parts made right here. The world's biggest power producers claim that as a result of developments like this, deregulation will lower your overall energy bills by about 30 percent. With monopolies that large in the game, your hope of saving money on your electric bill is probably a vain one. There's really bad news on the way too.
Brownouts are a possibility.
The fear that the lights are about to go out is driving deregulation. Just as the economy is booming, requiring more power, the old style utilities are not expanding energy production to meet that demand. May. One is tenatively scheduled for Hartford on April 24 . Congress has several bills pending to deregulate the electric industry nationally in part by repealing the 1935 Electric Utility Holding Company Act. Twenty-five states have already fully or partially deregulated their electricity markets.