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Eversource to slice investment in electric…

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Tuesday, January 21st 2025

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Eversource to slice investment in electric upgrades after adverse rate rulings. Customers may feel it

The company said the cut threatens to increase the number and duration of power outages

In a filing Monday with the Public Utility Regulatory Authority, the company reported a reduction of 15 percent to next year’s capital spending forecast by its electric subsidiary Connecticut Light and Power.
In a filing Monday with the Public Utility Regulatory Authority, the company reported a reduction of 15 percent to next year’s capital spending forecast by its electric subsidiary Connecticut Light and Power.
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By | emahony@courant.com | Hartford Courant
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Eversource said in its filing that recent rate decisions are “a striking confirmation that PURA’s rate decisions are a function of a pre-determined, politically motivated goal…"

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