The Public Utilities Regulatory Authority said Wednesday that the state’s biggest utility failed to get adequate help before an October snowstorm and that its response was deficient. Hundreds of thousands of customers were without power for a week or more in both storms.
A spokesman for the Berlin (BURR-lin)-based utility said he had not read the decision and did not immediately comment.
Regulators did not say how much they may reduce CL&P’s profit. They say a reduction in the next ratemaking proceeding would serve as penalty and spur incentives for improvement.
CL&P has no rate requests pending.