PURA gives Eversource customers a $142 million credit, half what the company proposed

PURA gives Eversource customers a $142 million credit, half what the company proposed

The Public Utility Regulatory Authority has decided in a decision released Wednesday to cut by about half — from the $275 to $142 million —the money Eversource had proposed returning to electric customers as a credit on bills over the coming year. Eversource said Wednesday an average residential customer could save about $13 a month on bills beginning May 1 and extending for a year as a result of the $142 credit. The difference in amounts of ben…

CT electric bills to drop slightly following new PURA ruling

This story has been updated. State regulators on Wednesday approved a slight decrease in Connecticut electric rates over the next year, driven largely by more favorable conditions surrounding the purchase of power from New England’s two nuclear power stations. All three PURA commissioners voted unanimously to approve rate adjustments for both Eversource and United Illuminating customers. According to PURA, the adjustment will result in approxima…