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Over the last 10 years, Bridgeport-based Aquarion has integrated over 70 water systems into its operations.
The company will also spend $63.94 million to improve its planning for and response to future severe weather events.
"Eversource, the ball is in your court now," said Attorney General William Tong.
PURA has neither extended the expired moratorium nor declared it officially terminated.
New York was cited for high housing costs and low health insurance expenses.
“Utility companies provide a critical service that can quite literally mean life or death in certain situations, and ratepayers deserve a level of respect that puts them above profits,” the governor said.
“The legislation passed tonight includes performance-based regulation which we believe will benefit our customers," Eversource -- roundly criticized for its response to Tropical Storm Isaias -- said.
Eversource and United Illuminating would pay a maximum of $250 to each residential customer for spoiled food and medication due to an outage that lasts more than four days from an emergency.
Senate Minority Leader Len Fasano (R-North Haven) called Lamont’s agenda “a disappointing display of one-party rule and partisan politics."
Any customer enrolled in a Covid-19 Payment Program who is current with their payment terms cannot be disconnected, even once the Shut-off Moratoriums have concluded.
“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.