As your state representative, I am urging the Public Utilities Regulatory Authority (PURA) to reject a proposed double-digit rate hike from Eversource. In May, Rep. Chris Poulos and I wrote a letter to PURA explaining how this rate adjustment would additionally burden Connecticut families.
| At a time when working families, fixed-income seniors, and small businesses carefully budget every dollar, asking ratepayers to absorb an 11% increase is unacceptable! Connecticut residents already make difficult decisions about household expenses, and this proposal would only deepen that financial strain. |
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What makes this request especially troubling is that Eversource reported a $1.69 billion profit in 2025 while simultaneously delivering increased shareholder returns and substantial compensation packages to corporate executives. Ratepayers are justified in asking why families should be expected to pay more when Eversource continues to generate enormous profits.
Unlike many businesses, utility companies are afforded a regulatory structure that allows them to recover infrastructure and maintenance costs directly from customers while also earning a guaranteed return on equity. Connecticut families should not shoulder all the risk while shareholders continue to benefit from rising profits and executive compensation. |
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| I recognize PURA’s independence and the important role it serves in protecting consumers and ensuring fairness in the utility system. We urge PURA, however, to thoroughly scrutinize every aspect of Eversource’s proposal and determine whether the sought-after increase truly serves the interests of Connecticut residents or enhances shareholder returns. Residents deserve reliability, transparency, accountability, and affordability from Eversource. |
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