CT utilities tote up storm costs - New York News

CT utilities tote up storm costs

Posted: Updated:

By STEPHEN SINGER
Associated Press

HARTFORD, Conn. (AP) - For the third time in 14 months, Connecticut's two biggest utilities must figure out the costs of restoring electricity after a massive storm.

A week after superstorm Sandy pounded the Northeast, Connecticut Light & Power and United Illuminating are calculating the cost of replacing poles and wires and paying line workers, tree trimmers and other workers called in for the emergency.

The utilities have not asked Connecticut regulators for permission to raise rates for last year's Tropical Storm Irene and an autumn snowstorm two months later.

CL&P's parent company, Northeast Utilities, estimates the cost of the two storms at $273 million.

United Illuminating's parent company says costs related to storms since January 2009 were $26.1 million as of June 30. A spokesman says a rate increase may be requested next year.

Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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