Today, State Senator Norm Needleman (D-Essex), Senate Chair of the Energy and Technology Committee, released the following statement in response to the Public Utilities Regulatory Authority approving a reduced rate increase request from United Illuminating:
“Today, PURA took action to protect Connecticut’s ratepayers and prevent them from further escalating costs at a time when they are already facing financial challenges,” said Sen. Needleman. “Despite unprecedented pressure from utility company leaders and lobbyists, PURA took a look at the hard facts involved in UI’s rate case request. Their actions today follow the spirit of increased regulations focused on performance sought in recent years including the Take Back Our Grid Act and this past year’s Senate Bill 7. I’m relieved Connecticut ratepayers will not face a sharper spike in energy costs in coming years.”