PURA Approves to Pass Lower Eversource Storm Recovery Costs Onto Ratepayers

Regulators cut $500 million from Eversource's storm cost recovery

CT regulators agreed to allow Eversource to recover about $500 million less than the amount the utility requested last year for storm costs.

Regulators cut $500 million from Eversource’s storm cost recovery

PURA approves lesser request to pass Eversource storm recovery costs onto ratepayers

HARTFORD, Conn. (WTNH) — Eversource will recover over $800 million in deferred storm restoration costs as the Public Utilities Regulatory Authority (PURA) rejected the company's attempt to charge customers hundreds of millions of dollars in retrospective carrying charges, Attorney General William Tong said Wednesday. In a unanimous decision finalized Wednesday, PURA found that Eversource incurred approximately [...]

Regulators slash Eversource storm cost recovery request by $500M

Regulators have reduced the amount of money Eversource can recover from storm costs. Eversource initially sought to recover nearly $1.4 billion in storm...