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Consumer counsel: Aquarion sale raises municipal tax, capital access and oversight questions
Summary
Representatives from the Office of Consumer Counsel and others told the committee they will scrutinize the proposed sale of Aquarion/Conn. Water assets to a regional water authority for ratepayer protections, access to capital for PFAS work, and the future of municipal tax revenue.
The proposed transfer of Aquarion’s Connecticut operations to a public‑model authority prompted questions about ratepayer protections, municipal tax revenue and the authority’s ability to finance costly PFAS and other upgrades.
OCC stance and review plan: Claire Coleman, Connecticut’s consumer counsel, said the Office of Consumer Counsel will intervene in any PURA change‑of‑control…
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