💡 Eversource vs. PURA: Insights from This Week’s Capitol Report
This week’s Capitol Report on WTNH 8 tackled the hot-button issue of Connecticut’s energy landscape, diving into Eversource’s $82 million in capital spending cuts and the ongoing tensions with the Public Utilities Regulatory Authority (PURA). The discussion shed light on the challenges of balancing corporate accountability, regulatory oversight, and the needs of ratepayers—all while setting the stage for the upcoming 2025 legislative session.
🔍 Eversource’s $82 Million Question
Eversource, Connecticut’s largest electric utility, recently announced it would reduce capital spending by $82 million, citing financial strain from PURA’s recent rate decisions and subsequent credit downgrades.
“They’re investing in Massachusetts… They don’t want to do it in Connecticut because it’s going to affect their bottom line.” – John McKinney
This move has left Connecticut consumers concerned about the aging power grid and delays in critical infrastructure upgrades.
⚖️ What is PURA, and Why the Controversy?
PURA, Connecticut’s regulatory body for utilities, has faced criticism from Eversource for its inconsistent policies.
“The rules… change every day. Businesses need consistency.” – Liz Crenna
However, panelists like John McKinney pushed back, emphasizing that PURA ensures transparency and fairness in protecting ratepayers.
“Every time Eversource gets in trouble, they blame PURA.” – John McKinney
💡 Consumer Frustration and Sticker Shock
Rising utility bills are hitting Connecticut households hard. With some of the highest rates in the nation, residents are left asking tough questions about accountability and governance.
“If you’re a ratepayer, you’re looking at these hikes and saying, what is going on?” – Liz Crenna
This widespread frustration underscores the urgency of resolving the disconnect between PURA, Eversource, and the Governor’s office.
🌀 A Broken Energy Policy?
One recurring theme during the discussion was the lack of a cohesive energy policy in Connecticut.
“We don’t have a holistic energy policy… There is a logjam between the governor’s office and PURA.” – Liz Crenna
This gap has created uncertainty, leaving both consumers and corporations in a bind.
🤝 Finding a Path Forward
Despite the finger-pointing, panelists agreed on one thing: collaboration is key.
“The finger-pointing has to stop. Leadership needs to come together… Everyone’s to blame here.” – Danielle Long
Potential Solutions:
- Establishing consistent and transparent regulatory frameworks.
- Developing a statewide energy strategy.
- Building trust through collaboration among PURA, Eversource, and government leaders.
🎥 Watch the Full Episode
Dive deeper into this critical discussion by watching this week’s Capitol Report on WTNH 8’s YouTube channel. The episode also covers Governor Lamont’s legislative plans and former Senator Chris Dodd’s Presidential Citizens Medal.
📢 Join the Conversation
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About the Author
Jack Beckett here, your coffee-fueled chronicler of all things Farmington and beyond. When I’m not debating energy policies or sipping espresso, I’m combing through zoning documents for your next local scoop. Explore our site for more stories, from law enforcement to positions available.
Because at The Farmington Mercury, we’re always last to breaking news—but first to thoughtful journalism. ☕
