NEW BRITAIN, CT – Consumer Counsel Coleman released the following statement regarding the letter of intent Eversource filed today seeking a half-billion dollar distribution rate increase.
“A letter of intent is the first step in the rate case process, where a company notifies regulators that it intends to seek a rate increase. Eversource will now have up to 60 days to file a full application, formally triggering what is expected to be one of the most consequential utility review proceedings in years. Once filed, OCC will aggressively scrutinize the company’s request, conduct discovery, cross examine Eversource witnesses, and present recommendations to PURA to ensure customers are not asked to pay for anything beyond the most necessary and cost-effective investments. My office will prioritize keeping costs as low as possible for consumers already struggling with affordability challenges, while promoting critical infrastructure, cybersecurity, consumer protections, and overall system reliability. Because Eversource has not undergone a rate review since 2018, this case will provide the first real opportunity in years to thoroughly examine the company’s operations, spending decisions, and priorities under a microscope. This process will also provide multiple opportunities for members of the public, community organizations, and elected officials to participate through public hearings and written comments submitted into the record. OCC strongly encourages consumers to stay engaged throughout the proceeding and to visit our website or contact our office directly for information on how to participate,” said Consumer Counsel Coleman.
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Media Contact: Brooke Parker
brooke.parker@ct.gov | 203-540-7154
About the Office: The Office of Consumer Counsel (OCC) is an independent state agency that represents the interests of consumers of Connecticut’s electric, natural gas, telecommunications, and private water companies before PURA, federal regulatory agencies, the legislature and courts. OCC’s team of attorneys, accountants, financial and policy analysts appear before PURA to argue for the most reasonable rates while expecting the best utility service possible for all customers.