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PURA Files Final Decision In Annual Review Of The Rate Adjustment Mechanisms Of United Illuminating Company
From Decision:
Pursuant to the Superior Court’s remand order in Docket No. HHB-CV-22- 6075751-S, the Public Utilities Regulatory Authority (Authority) articulates its interpretation of the statutory terms “actual distribution revenues” and “allowed distribution revenues” used in General Statutes § 16-19tt and applies the terms to the evidentiary record in this case — specifically, the calculation of The United Illuminating Company’s (UI or the Company) rate adjustment under the Revenue Decoupling Mechanism (RDM) in Docket No. 22-01-04, PURA Annual Review of the Rate Adjustment Mechanisms of The United Illuminating Company.
Applying the articulated definition of these statutory terms to the Company’s 2022 RDM, the Authority affirms its determination that the exclusion of $5,058,302 in other operating revenues and $696,112 in unbilled revenues from the Company’s 2022 RDM calculation is inconsistent with General Statutes § 16-19tt and the established RDM. [ *** ]
Final Decision (01/29/2025)
22-01-04 (11/18/2021)
(PURA Annual Review Of The Rate Adjustment Mechanisms Of The United Illuminating Company)
