PURA Issues Draft Decision on Electric Rate Increases

The CT PURA has issued a draft decision reducing CL&P’s proposed electric rate increase by more than $100M and reflecting a penalty for CL&P’s inadequate performance during 2011 storms. On December 1, 2014, the Connecticut Public Utilities Regulatory Authority (PURA) issued a draft decision on Connecticut Light and Power Company’s (CL&P) rate increase request, approving a...