Under a new framework developed by PURA Chair Marissa Gillett, utilities' requests for rate increases will be evaluated based on whether they achieve public policy outcomes rather than whether the cost increases are “prudent and reasonable"
With final negotiations on the next state budget about to begin, Gov. Ned Lamont doubled down on his positions Wednesday, praising Connecticut’s fiscal guardrail policies and urging lawmakers to set spending priorities while delivering a broad-based income tax cut to the middle class.
“I’m doing everything I can to deal with the income disparity out there,” Lamont said, including not only his income tax cut but investments that make job training and day care available for those in need.