Connecticut Regulators Investigating Gas Utilities for Withholding Pipeline Capacity
NEW HAVEN, Conn. (AP) — Connecticut officials have launched an investigation into allegations of market power abuse by two of the state’s largest energy providers.
The Office of Consumer Counsel says the investigation began after university researchers claimed Eversource and Avangrid companies intentionally created natural gas shortages so they could drive up energy rates.
The report by university researchers estimates the practice cost utility customers billions of dollars over a three year period.
Eversource representative Tricia Taskey Modifica said Tuesday the report is a “complete fabrication.” She says the company is “always acting in the best interest of our customers.”
Avangrid says their gas supply portfolios and gas pipeline contracts are consistent with industry standards.
The Public Utilities Regulatory Authority is expected to call for a hearing in the upcoming weeks.
Related News
From Archive
- DeLa Express seeks FERC approval for Permian-to-Louisiana gas pipeline project
- Hudson Tunnel Project set to generate 95,000 jobs during construction phase, report says
- OSHA penalizes Houston contractor over safety violations resulting in worker's death
- Fiber infrastructure has no known expiration date, Fiber Broadband Association research concludes
- Damage prevention and safety: Turning awareness into action
Comments