Public Utilities Regulatory Authority
The state Public Utilities Regulatory Authority announced Monday its approval of higher standard service rates proposed by Connecticut Light & Power and United Illuminating.
A fight is brewing over a request by Connecticut’s largest utility to raise rates by $232 million to upgrade equipment following destructive storms.
CL&P has not had a rate hike in four years. The utility is asking for $231.5 million.
With Gov. Malloy’s announcement Monday, Connecticut became the first state to outline a cybersecurity plan in conjunction with the utilities.
Sen. Richard Blumenthal and Congressman Joe Courtney are urging state regulators to reject most of a request by Connecticut Light & Power Co. to charge customers $414 million for costs related to five destructive storms over the past two years.
According to CL&P, preparation and response to the storms was very expensive.
The five-year “System Resiliency Plan” proposed by Connecticut Light & Power focuses on three initiatives: tree trimming, use of coated thicker-gauge wire, and strengthening utility poles, cross-arms and other equipment.
Connecticut’s Attorney General wants the state’s two major utilities to pay for what he called a failure to plan for and adequately respond to last year’s major storms.
After disastrous power outages following Tropical Storm Irene and the freak October snowstorm, and with a new president at the helm, Connecticut Light & Power has unveiled a plan to boost the reliability of its electrical grid.