Yankee Gas Gets $86.7M Boost, Less Than Half of Requested
Hartford News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Connecticut regulators approved a new annual revenue requirement for Yankee Gas, setting it at $806.7 million, an increase of $86.7 million. The utility had initially asked for a $192.9 million hike but settled for $143 million, less than the regulators approved amount. Yankee Gas serves over 252,000 customers across 85 Connecticut towns. The new decision includes a 9.48% return on equity without penalties from the first order and a warning of potential future adjustments if Yankee Gas doesnt establish its own environmental, social, and governance goals.
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