HARTFORD, CT (WFSB/AP) -
Regulators said they will consider reducing the allowed profit for Connecticut Light & Power as a penalty for the way the utility handled power outages during two massive storms last year.
The Public Utilities Regulatory Authority said Wednesday that CL&P, Connecticut's largest utility, failed to get adequate help before Winter Storm Alfred last October, and that its response was deficient.
Hundreds of thousands of utility customers were without power, some for nearly two weeks during Alfred and Tropical Storm Irene last August.
A spokesman for CL&P said he had not read the decision and did not immediately comment.
Regulators did not say how much it may reduce CL&P's profit. They said a reduction in the next ratemaking proceeding would serve as penalty and spur incentives for improvement.
CL&P has no rate requests pending.
Copyright 2012 WFSB (Meredith Corporation). The Associated Press contributed to this report. All rights reserved.
