It's mild good news, but good news nonetheless: Connecticut — which still has among the highest electricity costs in the nation — has seen power rates drop for each of the first four months of this year, according to the U.S. Energy Information Administration.
Electric rates in all five other New England states went the opposite direction — up — during the same period.
The mini-trend puts a small dent in Connecticut's burdensome reputation as a pricey place to do business — and a feather in the cap of Gov. Dannel P. Malloy, who has made a top priority of lowering energy costs in this state.
High electric power and heating costs are one of the factors seen as a drag on business relocation and job creation in Connecticut.
Costs could continue to moderate — making Connecticut more friendly to business — if Mr. Malloy's energy policies take hold.
The Malloy administration, for example, is making it easier for homeowners and commercial customers to convert from oil to cleaner, cheaper natural gas. It is making greater use of low-cost Canadian hydropower. It has increased the focus on energy conservation to boot.
The governor has angered energy producers as well as environmentalists in pushing a balanced program. That probably means he's doing something right.Copyright © 2015, The Baltimore Sun