PURA Defends Aquarion Sale Approval Despite Criticism

About this episode

PURA defends its approval of Aquarion's sale despite public criticism and claims of oversight.

Connecticuts Public Utilities Regulatory Authority (PURA) has rejected a petition to reverse the approval of Aquarion Water Companys $2.35 billion sale to a new public authority. PURA dismissed claims of a $474 million ratepayer cost oversight, attributing it to a spreadsheet error. They also defended a lower capital project review threshold as a voluntary consumer safeguard. PURA dismissed complaints about a late settlement offer and stood by their decision, despite criticism on social media. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/085d913a3fa27dc2

Topics covered

• utilities regulation
• water company sale
• consumer protection
• public authority
• ratepayer costs

Keywords

• PURA
• Aquarion
• water company
• sale approval
• ratepayer costs
• Connecticut

Sponsors

Solipillow

Mentioned in this episode

Organizations: Connecticuts Public Utilities Regulatory Authority, Aquarion Water Company

Places: Connecticut

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