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Millions in VW settlement funding draw closer

Connecticut is closing in on its $55 million in anticipated funding from a legal settlement with automaker Volkswagen.

Acquisitions spur CT Water's higher 3Q profits

Patricia Daddona |

Clinton-based Connecticut Water Service said Thursday its third-quarter profits rose 13 percent largely due to recent acquisitions.

OCC: Electric supplier customers saw higher price spread in Aug.

Patricia Daddona |

Customers who use a third party electricity supplier paid more in August than they would have if they had contracted with the state's major utilities, according to a new state report.

CT plants part of $1.7B Dynegy deal

Texas-based Vistra Energy said this week it has agreed to pay $1.7 billion to acquire Dynegy, a Texas company that owns power plants in Dayville and Milford.

Eversource seeking 6.79% rate hike

Howard French | Journal Inquirer |

Electric bills would rise by an average of 6.79 percent if state regulators approve Eversource Energy's request for a three-year rate hike, the utility says.

Malloy signs Millstone bill, then questions its need


Gov. Dannel P. Malloy signed a bill Tuesday that allows the state to enhance the profitability of Dominion Energy's Millstone nuclear power plant in Waterford, while pointedly asserting that Dominion...

House passes Millstone bill

Matt Pilon |

After passing a two-year budget deal by a veto-proof margin Thursday, House lawmakers passed a bill that could lead to the state's sole nuclear power plant to bid for state-assigned electricity...

Avangrid's Q3 net dips

Matt Pilon |

Orange-based utility parent Avangrid said it's third-quarter profits dipped 9 percent, partly due to weaker results in its renewables business segment.

House sends veto-proof, bipartisan budget to Malloy


With the flourish of a veto-proof margin, the House of Representatives voted Thursday to give final legislative passage to an overdue, bipartisan budget crafted without the direct involvement of Gov.

Millstone opponents: Early shutdown could cost $680M+

Matt Pilon |

A lobbying group of power plant owners continues its assault on Millstone Power Station, which has asked lawmakers to let it compete in state-led competitions for power contracts with utilities.

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