Posted inUtilities

PURA Votes To Implement Performance-based Regulatory System For Electric Utilities

Connecticut has taken a significant step toward holding electric utilities accountable for their performance by implementing a performance-based regulation system following a decision by the Public Utilities Regulatory Authority (PURA) Wednesday morning. The move makes Connecticut one of the first states in the country to establish such a system, in line with the “Take Back Our Grid Act” that was passed in October 2020.