Jepsen makes a new push for PURA to review the NU/NSTAR merger
Friday, December 23, 2011
Attorney General George Jepsen said today he has filed comments with state utility regulators urging them to review the merger of Northeast Utilities, which owns the largest electric company in Connecticut, and NSTAR, which provides electricity to Greater Boston.
In a statement issued this afternoon, Jepsen said the study by Witt Associates of how NU's subsidiary, Connecticut Light & Power, performed during Tropical Storm Irene and the Oct. 29 snowstorm raises significant questions about the utility's management.
"The Witt report found serious deficiencies in NU's and CL&P's management preparation for and response to these major storm-related outages. The proposed merger promises to further disrupt NU and CL&P management's ability to prepare for and respond to the next storm," Jepsen said.
The state's regulator, the Public Utilities Regulatory Authority, has not yet agreed it has authority to review, revise or block the merger.