Press Releases
06/22/2021
PURA Commissioners to Vote on Amended UI Settlement; Development of Interim Small Business Tariff Option
Additional Rate Relief on the Way
(New Britain, CT – June 22, 2021) – Connecticut’s Public Utilities Regulatory Authority (PURA) on Wednesday will vote on two decisions that provide targeted economic relief for certain residential and small business customers.
At Wednesday's regular meeting the PURA commissioners are scheduled to vote on several decisions, including:
-
Docket No. 17-12-03RE11 (Phase 1a): PURA Investigation Into Distribution System Planning of the Electric Distribution Companies – New Rate Designs and Rates Review
-
If adopted, the decision would direct The Connecticut Light and Power Company d/b/a Eversource Energy to develop an optional tariff rate that consists of a volumetric kilowatt-hour (kWh) distribution rate and a reduced distribution demand charge component. Existing small business customers may choose to remain under Eversource’s Rate 27 or Rate 30 tariff, or may elect to transition to the newly developed interim volumetric tariff rate rider.
-
The optional tariff would help small businesses control their energy expenditures and promote energy efficiency and renewable energy programs. It also addresses concerns raised by leadership of the legislature’s Energy & Technology Committee, who reported that small businesses were receiving high bills despite operating at reduced hours during the pandemic.
-
Docket No. 21-01-04 (Proposed Settlement Agreement): PURA Annual Review of the Rate Adjustment Mechanisms of The United Illuminating Company.
-
The amended settlement agreement adjusts United Illuminating’s distribution rates on July 1, 2021 to reflect a lower federal tax rate and to offset the previously postponed delivery rate increase from July 2020 with $44.7 million in over-collected tax liabilities, in addition to a $5 million voluntary contribution from UI stakeholders. The amended settlement terms would also ensure that PURA may immediately begin investigating performance-based metrics for UI’s operation, as authorized by the ‘Take Back Our Grid Act.’
Wednesday’s regular meeting agenda is posted on the State Agency Meeting Calendar and a recording of the event will also be posted on PURA’s YouTube channel.
Event Type: Regular Meeting
When: Wednesday, June 23 at 10:00 a.m.
Where: Zoom ctdeep.zoom.us/j/98515294857
###
About the Public Utilities Regulatory Authority:
The Public Utilities Regulatory Authority (PURA) is statutorily-charged with regulating the rates and services of Connecticut's investor owned electricity, natural gas, water and telecommunication companies and is the franchising authority for the state’s cable television companies. In the industries that are still wholly regulated, PURA balances the public’s right to safe, adequate and reliable utility service at reasonable rates with the provider’s right to a reasonable return on its investment. PURA also keeps watch over competitive utility services to promote equity among the competitors while customers reap the price and quality benefits of competition and are protected from unfair business practices. Visit PURA’s website at ct.gov/pura.
Follow PURA on social media:
Media Contact
Taren O'Connor
Director of Legislation, Regulation and Communication
(860) 999-3498
Taren.Oconnor@ct.gov
Joe Cooper
Deputy Director of Communications
860-944-9459
Joe.Cooper@ct.gov