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LEGAL NEWSLINE

Thursday, March 28, 2024

Massachusetts AG urges DPU to reject Eversource rate increase request

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BOSTON (Legal Newsline) - Massachusetts Attorney General Maura Healey says she has delivered testimony to the Department of Public Utilities (DPU) on behalf of 1.4 million Eversource customers.

 

Eversource asked the DPU in January to approve a first-year rate increase of $60 million for NSTAR Electric (NSTAR) customers and $36 million for Western Massachusetts Electric Company (WMECO) customers.


Healey urged the DPU to reject the request, challenging Eversource’s need to make the rate hike.

The attorney general also challenged the fact that Massachusetts utility companies have higher allowed profits in state than in neighboring states.

 

“[T]his [case] is an important opportunity for the department to reset the balance between company profits and customer rates,” Healey told the DPU at the hearing, according to a March 24 news release. “When so many customers today are struggling to make ends meet and businesses are trying to lower their energy costs to maintain and grow jobs, it is time to return money to customers, not to raise their electric bills to benefit highly profitable utility companies.”

 

Handling the matter for the state is Rebecca Tepper, division chief of Healey’s Energy and Telecommunications Division.

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