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Eversource CEO warns of ‘far higher’ bills under proposed CT law
Under the proposed bill, Connecticut regulators would be able to factor Eversource and Avangrid subsidiary United Illuminating’s past management of the grid into any approval of future rates, and to limit executive pay if it finds utilities did not deliver on expected levels of service.
Eversource CEO warns of ‘far higher’ bills under proposed CT law
Under a proposed new law in Connecticut, a mass electricity outage lasting more than a few days could allow the state to limit future rates under "performance-based" criteria.
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