What type of relationship should exist between a regulator and the regulated? It’s an age-old question that local, state and federal governments often struggle with. Most reasonable people would agree some tension ought to exist between an industry regulator and the companies it oversees. But the PURA-Eversource/UI squabbles go well beyond that, and could hinder future investment in the state’s electric infrastructure and clean energy efforts. The courts will also play a key role in deciding Connecticut’s utilites-regulatory squabbles, which center on PURA’s stricter scrutiny of electric, gas and water utility rate increase requests. The heightened oversight is occurring as the state moves to a new performance-based ratemaking framework that was mandated by the legislature in 2020, and is a hallmark of PURA Chairman Marissa Gillett’s tenure.
https://www.hartfordbusiness.com/article/bordonaro-public-fights-between-pura-utility-companies-reflect-challenges-of-industry