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PURA affirms remand, says United Illuminating must include $5.06M and $692K in 2022 RDM calculation
Summary
The Public Utilities Regulatory Authority on Jan. 29 adopted a remand decision that found United Illuminating Company excluded $5,058,302 in other operating revenues and $692,112 in unbilled revenues from its 2022 revenue decoupling mechanism calculation in a manner inconsistent with Conn. Gen. Stat. §16‑19tt.
The Public Utilities Regulatory Authority on Jan. 29 adopted a remand decision that found United Illuminating Company excluded $5,058,302 in other operating revenues and $692,112 in unbilled revenues from its 2022 revenue decoupling mechanism calculation in a manner inconsistent with Conn. Gen. Stat. §16‑19tt. The panel voted to adopt the staff-prepared decision following a presentation by authority counsel.
The decision matters because the revenue decoupling mechanism, or RDM, is the account through which the authority compares a utility’s actual distribution revenues to its allowed distribution revenues and adjusts rates to reflect under‑ or over‑recovery; changes to what counts as “actual distribution…
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