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PURA rescinds 2‑basis‑point ROE cut and denies $69,000 in non‑industry dues for United Illuminating
Summary
The Public Utilities Regulatory Authority adopted a supplemental decision on July 9, 2025, rescinding a 2 basis‑point reduction to United Illuminating’s authorized return on equity, disallowing $69,000 in non‑industry dues from base rates, and setting a revised allowed revenue requirement of $385,030,000 after a Superior Court remand.
The Public Utilities Regulatory Authority on July 9, 2025, adopted a supplemental decision in docket 220808 that rescinded a 2 basis‑point reduction to United Illuminating Company’s authorized return on equity and denied recovery of $69,000 in non‑industry dues, producing a revised allowed revenue requirement of $385,030,000.
The action responds to a March 13, 2025, memorandum of decision by the Superior Court for the Judicial District of New Britain, which affirmed most of PURA’s August 25, 2023, final decision in UI’s rate application but remanded two discrete issues: (1) the 2 basis‑point reduction associated with the company’s allocated cost of service study (ACOS) and (2) PURA’s treatment of certain membership dues. Authority staff attorney Russ Bowman presented the supplemental decision to the three‑member panel and…
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