ES · 10-Q · 2026Q3 · Full report

CL&P RAM Settlement

EVERSOURCE ENERGY · 2026-11-06 · Importance 40 · Surprise 42 · In source text

CL&P and the Connecticut Office of Consumer Counsel filed an amended settlement on September 21, 2026, addressing PURA’s prior disallowance of storm-related capital investments in the ESI mechanism. The proposal allows recovery of approximately $8.2 million, representing 50% of the revenue requirement through June 30, 2027, while the remaining 50% would not be recoverable from customers. The approved unrecovered balance would be collected through base distribution rates beginning July 1, 2027. On November 4, 2026, PURA issued a proposed final decision adopting the settlement without material modifications, with a final decision expected by November 18, 2026.

Key facts

• On November 4, 2026, PURA issued a proposed final decision adopting the CL&P RAM settlement with no material modifications; a final decision was expected by November 18, 2026.
• On September 21, 2026, CL&P and the Office of Consumer Counsel filed an amended settlement proposing recovery of approximately $8.2 million, or 50% of the disputed ESI revenue requirement through June 30, 2027; the remaining 50% would not be recoverable from customers.
• Under the proposed CL&P RAM settlement, approved recovery would be collected through the ESI mechanism through June 30, 2027, and the remaining approved unrecovered investment balance would be recovered through base distribution rates beginning July 1, 2027.

Impact estimates