Eversource and natural gas customers could see an increase in their bills down the line because of a change in the companies’ credit ratings.

A recent credit rating downgrade for Eversource Energy’s Connecticut subsidiaries ultimately will be borne by its customers, the utility said Tuesday. “The negative impact of these credit rating downgrades will be long-lasting,

Could your electric bill be going up yet again? That’s what some of the state’s utility companies are saying after their credit ratings were downgraded. There’s frustration for many when it comes to electricity bills.

Utility companies in Connecticut are warning customers that bills are likely to go up again. Eversource, Connecticut Natural Gas (CNG), and Southern Connecticut Gas (SCG) all had their credit ratings lowered in the last week from a rating in the A range down to a BBB+.

S&P Global Ratings lowered the long-term issuer credit on the state's largest utility, Eversource, from A- to BBB+.

This latest ratings action is independent confirmation that the Connecticut regulatory environment is harming the ability of electric, water and gas companies to hold financing costs down for

The credit rating downgrade for Eversource by Standard & Poor's comes after the rating agency took similar action against two CT gas companies