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newsMay 2, 20261:40

Hazardville Water Rate Increase Approved

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Connecticuts Public Utilities Regulatory Authority approves Hazardville Water Companys rate increase, setting an annual revenue requirement of $4.8 million for the rate year from April 1, 2026, to March 31, 2027. The decision comes after a 260-day review process, with residential bills potentially increasing by an average of $5.51 monthly. The authority also cleared the final hurdle for Eversource to sell Aquarion Water, potentially leading to slower rate increases under the new owner.

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Hazardville Water Rate Increase Approved

Hartford News Today | 2 Min News | The Daily News Now!

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Hartford News Today | 2 Min News | The Daily News Now!Hazardville Water Rate Increase Approved. Machine-transcribed; use the interactive transcript above to jump the player to any line.

0:00Connecticut's Public Utilities Regulatory Authority just approved a rate increase for Hazardville Water Company, serving about 7,000-5. Hundred customers in Infield, Summers, and East Windsor. The plan sets an annual revenue requirement of $4.8 million for the rate year from April 1, 2026 through March 30, 2027. That comes with a 9.5% return on equity and revised charges plus usage rates for homes and businesses. The decision wraps up a massive review process that lasted 260 days, including audits, inspections, public hearings, and over two. Hundred questions fired at the company. It's the first fully adjudicated rate case for Hazardville since 2009-17 years ago after some interim tweaks through state mechanisms. Customers push back hard, with all aid who testified at an November hearing opposing the hike, citing worries over water quality like color, clarity, and odor. Regulators called it Toughwood Fair, stressing they balance protecting rate payers while ensuring

1:03reliable service. Residential bills could jump an average of $5.51 monthly, though most get billed quarterly. The authority also cleared the final hurdle for Ever Source to sell aquarium water for $2.4 billion to a regional nonprofit. Critics feared rate spikes, but officials say increases might have in slower under the new owner, despite the high purchase price. This all underscores how long waits between rate cases can lead to shocks, but now these companies have clearer paths forward to keep water flowing. Safe and steady. From your city, powered by AI, this is Hartford News Today.

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