United Illuminating appeals state's rejection of customer's rate increase
U.I says the decision could lead to a loss of nearly $32 million for the company.
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Sep 19, 2023, 12:48 PM
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Updated 311 days ago
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7h agoUnited Illuminating is appealing the state's rejection of its requested rate increase.
U.I. had requesting an increase that would have seen the average customer's bill rise about $200 per year.
Instead, state regulators approved a rate that will see bills go up by about a third of that.
U.I says the decision could lead to a loss of nearly $32 million for the company.
No word on when the court might consider the appeal.
