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PURA approves 2025 conservation adjustment mechanism charges for electric and gas utilities
Summary
The Public Utilities Regulatory Authority approved CAM charges for two electric and three gas distribution companies to fund Connecticut's conservation and load management plan, setting rates the authority said are sufficient to meet the program budget.
The Public Utilities Regulatory Authority on Wednesday approved the 2025 conservation adjustment mechanism (CAM) charges for two electric and three local gas distribution companies, the panel said during its June 25 meeting.
The decision approves a CAM factor of 0.6¢ per kilowatt-hour for The Connecticut Light and Power Company (doing business as Eversource Energy) and United Illuminating, and 4.6 per 100 cubic feet for Yankee Gas Services Company (d/b/a Eversource Energy), Connecticut Natural Gas Corporation and Southern Connecticut Gas Company, authority staff told commissioners.
The charges, the authority said, together with other revenue sources, will fund the Connecticut conservation and load management plan, which provides energy-efficiency programs and services to residents and businesses. ‘‘Staff recommends approval,’’ authority staff member Jenna Vyegrass told the panel during her presentation.
In presenting the decision, Vyegrass said the authority had provisionally approved companies' proposed 2025 CAM factors on Feb. 13, 2025 and reviewed subsequent record evidence, including the companies' initial applications and interrogatory responses. On that basis, staff concluded the proposed factors were ‘‘appropriate to produce the revenue sufficient for the conservation and load management budget,’’ and recommended final approval.
Commissioners moved and seconded adoption of the decision and the authority took a roll-call vote; the transcript records three affirmative votes and the chair announced, "The decision has been adopted." The authority did not record any dissent in the hearing record presented at the meeting.
The approval finalizes CAM rates for the 2025 budget year; the authority stated the factors had previously been set at the maximum rate statutorily allowed when provisionally approved in February 2025.
