State utility regulators proposed the maximum penalty against Eversource for its failures after storm Isaias in August 2020.
Eversource and United Illuminating failed to fully prepare for and respond to Tropical Storm Isaias last year, according to state utility regulators who reduced the companies’ ability to recoup costs.
Jim Judge, the Eversource exec who largely disappeared from public view after a massive power outage, will appear before the legislature’s Energy and Technology Committee.
The opaque world of energy policy continued to roil state government this week as regulators fined the state’s biggest utilities.
The chair of the Public Utilities Regulatory Authority said Wednesday that Eversource badly underestimated the threat of Tropical Storm Isaias.
State regulators have announced that utilities will no longer be able to shut off the water, electricity or natural gas of residential customers if they don’t pay their bills.
The number of Eversource customers disconnected for nonpayment has doubled in the past four years. Consumer advocates want to know why.
The Millstone Nuclear Power Station and Connecticut’s two utilities beat a negotiating deadline to keep the plant running for at least another 10 years.
Efforts by the Malloy administration to move towards more renewable energy to help fight climate change are poised to shift to the Gov.-elect Ned Lamont, who has even more aggressive goals. But the battles the Malloy administration fought with the utilities for eight years, which are still unresolved, also are also poised to shift to the new governor.
Connecticut’s shared solar pilot program has already missed its first deadline and faces even more delays. In the meantime, arguments over how to pay for clean energy are bubbling up again.
Electric rates charged by Connecticut’s two utilities are headed for major reductions for the six months beginning July 1. Eversource Energy standard offer rates for residential customers will drop by more than one-third, and United Illuminating rates will drop nearly one-third.
Nearly four years after Connecticut’s independent utility regulatory body became part of the Department of Energy and Environmental Protection, the regulators are asking for their independence back.
Connecticut is starting a process to modernize the state’s electric grid to make it cleaner, leaner and more adaptable to new methods of power generation and distribution. Exploring how to do that will be a major focus for the state Department of Energy and Environmental Protection, beginning early next year.
Stunning jumps in monthly electric rates as the Connecticut General Assembly convenes its 2015 session next month create a market opportunity for electric retailers and a political opportunity for those who would regulate them.
Connecticut Light & Power Co. has nearly four times as many customers here as United Illuminating, the state’s other major electric utility. Yet when it comes to rake hikes – and the Connecticut politicians who care – the ratio is skewed far more heavily toward CL&P.