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“I agree I’m extremely well compensated,” Eversource head James J. Judge said about the $19.8 million he was paid last year. “I know how well I’m paid. I also know that the compensation is very much in line with CEOs of similar sized utilities.”
“This is not a time to just speak out and then go back to business,” Gov. Ned Lamont said. “Let’s not let this crisis go to waste.”
“As this was an act of nature, we don’t provide reimbursement," an Eversource spokesman said, "but we encourage our customers to reach out to their insurance carrier to see if it’s in their homeowner’s or renter’s policy.”
U.S. Sen. Richard Blumenthal (D-CT) has asked Eversource to provide refunds to customers and hold off on rate increases and/or charges for restoring power; Eversource Chairman, President and CEO James J. Judge declined, the senator said.
The inquiry will help "determine whether the companies are meeting their legal obligations and whether any penalties need to be applied," Gov. Ned Lamont said. "The people of Connecticut deserve better than the service they are receiving.”
"Tech companies are moving out of California due to the high costs," said LendingTree's Derek Miller.
"Connecticut has committed to a carbon free electric grid by 2040, but we can't get there with FERC tying our hands," said Tong.
“Cybersecurity threats continue to grow across the United States, for everyone," noted Gov. Dannel Malloy.
The deal still faces approval from Massachusetts’ Public Utilities Regulatory Authority.
As part of a community choice aggregation program in the county, Sustainable Westchester was authorized to receive data for more than 130,000 energy customers.