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Gas companies press PURA to reverse parts of rate cuts, seek tens of millions
Summary
Connecticut Natural Gas and Southern Connecticut Gas told PURA they seek to restore portions of previously disallowed revenue — asking millions in adjustments for ROE, capital and depreciation among other items — while offering reconciliations and reporting as safeguards.
Counsel for Connecticut Natural Gas and Southern Connecticut Gas argued on May 4 that the remand proceeding should correct elements of PURA’s earlier decisions and restore revenue components the companies say the underlying orders improperly reduced.
Brendan Vaughn, appearing for the utilities, summarized the companies’ statement of issues and attachments and asked PURA to consider six core claims on remand: removal of a return‑on‑equity penalty tied to…
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