A New Ruling From Connecticut Supreme Court Restricts Electricity Rates
"This was a strong decision affirming [the Public Utilities Regulatory Authority's] broad regulatory authority to protect Connecticut consumers from excessive and unfair costs," Attorney General William Tong said. "This is a win for ratepayers."
February 26, 2024 at 04:29 PM
4 minute read
News
In what state officials describe as a win during rising costs of energy, the Connecticut Supreme Court concluded that the Public Utilities Regulatory Authority can adjust the recovery revenue of peaking plants.
"This was a strong decision affirming [PURA's] broad regulatory authority to protect Connecticut consumers from excessive and unfair costs," Attorney General William Tong, counsel for the defendant, said. "This is a win for ratepayers."
The justices did not all agree that PURA, the defendant, acted within its authority.
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