UI Settlement Agreement – Key HighlightsSettlement Agreement • June 3rd, 2021
Contract Type FiledJune 3rd, 2021BACKGROUND: Dockets No. 17-12-03RE11 & 16-06-04RE04 re-opened by the CT PURA to address interim rate decrease, low-income rates, & economic development rates, pursuant to authority from Public Act 20-5 of 2020. The PURA also initiated Docket No. 21-01-04, the annual review of UI’s RAM Rate Adjustment Mechanism (RAM) in November 2020 (PURA delayed implementation of those rates for a year due to the COVID-19 pandemic).