Maximum $30 mln fines for Conn. utilities over poor Isaias response [Reuters]
Eversource Energy (D/B/A) (ES)
Last eversource energy (d/b/a) earnings: 2/19 04:15 pm
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Source: Reuters
Penalties follow April rate cuts also over Isaias response The company and law firm names shown above are generated automatically based on the text of the article. We are improving this feature as we continue to test and develop in beta. We welcome feedback, which you can provide using the feedback tab on the right of the page. (Reuters) - Connecticut's power regulator on Wednesday imposed nearly $30 million in fines to public utilities Eversource Energy and The United Illuminating Company (UI) for failing to sufficiently prepare for and respond to tropical storm Isaias, which last summer, left hundreds of thousands of their customers without power for days. The Public Utilities Regulatory Authority (PURA) fined Eversource, New England's largest power utility, $28.5 million and UI $1.2 million in civil penalties, mostly for failing to comply with performance standards under Connecticut's General Statutes Title 16, which regulates public service companies. Eversource spokesper
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News
- Eversource Energy (NYSE: ES) had its price target lowered by analysts at Scotiabank from $61.00 to $57.00. They now have a "sector perform" rating on the stock.MarketBeat
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ES
Earnings
- 2/13/24 - Miss
ES
Sec Filings
- 4/18/24 - Form 8-K
- 4/16/24 - Form 424B5
- 4/15/24 - Form FWP
- ES's page on the SEC website