Board meetings, strategic plans, and buyer signals from Janice A. Beecher’s organization
Oct 5, 2026·BoardMeeting
Board
Public Utilities Regulatory Authority Evidentiary Hearing
The evidentiary hearing addressed the GenConn Energy application regarding 2027 revenue requirements. Key discussion topics included administrative housekeeping matters, the processing of protective orders for redacted materials, and the review of late-filed exhibits related to revenue adjustments. The proceedings involved testimony concerning contract provisions, specifically focusing on potential contract extensions, the necessity for new capital investment to maintain facility operations, and the accounting treatment of depreciation and facility life over a 30-year term.
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The hearing addressed the rate case for the utility provider, focusing on the cost of service study, rate design, and revenue allocation proposals. Key topics included the methodology for revenue allocation across customer classes, the influence of tiered block rates on conservation, public fire protection funding, and the potential for rate consolidation or single tariff pricing across different utility systems.
Sep 21, 2026·BoardMeeting
Board
Connecticut Water Company Evidentiary Hearing
The hearing addressed the Connecticut Water Company's application to amend its rate schedules. Key discussions included witness scheduling, the formal adoption of pre-filed testimony, and an opening statement regarding operational challenges and the rationale for rate adjustments. Parties also began an examination of specific rate case formulas, focusing on factors related to executive compensation, governance, and performance metrics for cost allocation.
Sep 19, 2026·BoardMeeting
Board
Public Utilities Regulatory Authority Technical Meeting
The technical meeting discussed the 'Innovative Energy Solutions Program Cycle 4' and a pilot proposal for a 'pay-as-you-save' (PAYS) tariff-based bill repayment mechanism to facilitate the installation of heat pumps. Key topics included the strategy to deploy cold-climate air-source heat pumps in Connecticut homes relying on electric resistance heating, the selection of Danbury as a pilot location due to its specific housing stock and demographic profile, and the plan to address barriers to adoption for renters and those unwilling to take on additional debt. The proposal also outlined the economic benefits, the reduction of the budget request for administrative costs, and the vision for scaling the offering if the pilot proves successful.
Extracted from official board minutes, strategic plans, and video transcripts.