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Commissioners raise concerns about proposed sale of town water company; regulatory and tax impacts cited
Summary
Commissioners discussed a proposed sale of the town water company, noting that a new private owner might not be subject to PURA rate regulation, could avoid town property taxes, and is reported to charge substantially higher rates. Commissioners urged clearer public communications and possible town engagement ahead of regulatory review.
Commission members used the April 10 meeting to flag the proposed sale of the town water company and to urge clearer public outreach and follow-up with town leadership. A commissioner reported the sale would place consumers under an owner that would not be regulated by PURA and said the buyer's rates appeared to be roughly 40% higher than current town rates.
Why it matters: commissioners said the change could affect residents…
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