Lawmakers Call For Rejection Of Most Of CL&P Rate Hike Request
HARTFORD, Conn. (AP) _ Sen. Richard Blumenthal and Congressman Joe Courtney are urging state regulators to reject most of a request by Connecticut Light & Power Co. to charge customers $414 million for costs related to five destructive storms over the past two years.
The two Connecticut Democrats told the state Public Utilities Regulatory Authority on Monday that CL&P’s responses to Tropical Storm Irene in August 2011 and a snowstorm in October 2011 were inadequate. Both storms caused hundreds of thousands of power outages.
The two lawmakers also asked regulators to withhold ratepayer funds for other storm responses until CL&P’s parent company, Northeast Utilities, reveals the compensation of executives at NStar, a Boston-based utility NU bought for $5 billion last year.
CL&P was expected to issue a statement about the lawmakers’ comments later Monday.
(© Copyright 2013 The Associated Press. All Rights Reserved.)