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PURA adopts water-surcharge increases, revokes unused CPCN and approves Eversource debt; consent calendar passes
Summary
At its March 26 meeting the authority approved water infrastructure surcharges for Aquarion and Connecticut Water effective April 1, revoked a CPCN for Zayo Infrastructure Holdco LLC, approved Yankee Gas (Eversource) to issue up to $360 million in first mortgage bonds, and adopted the consent calendar.
The Public Utilities Regulatory Authority on March 26 adopted a series of staff-recommended decisions across several dockets, including approvals of water infrastructure and conservation adjustments for two companies, revocation of an unused certificate of public convenience and necessity, and authorization for Yankee Gas Services Company doing business as Eversource Energy to issue long-term secured debt.
The panel approved Aquarion Water Company of Connecticut's semiannual Water Infrastructure and Conservation (WIC) filing in docket 220701WIO3, allowing a cumulative WIC surcharge of 3.93% for most customers and 4.27% for Plainville system customers. Authority staff…
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