Conn. suit seeks review of $4.66B utility deal

AP News
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Posted: Jun 30, 2011 9:57 PM
Conn. suit seeks review of $4.66B utility deal

Connecticut's chief consumer advocate is going to court in hopes of forcing regulators to review Northeast Utilities' proposed $4.66 billion purchase of a Massachusetts power company.

The Office of Consumer Counsel said Thursday it is filing an appeal at Superior Court, challenging the Department of Public Utility Control's June 1 decision declining to review the deal between the Hartford-based utility and NStar.

The consumer agency said a review is necessary to ensure that ratepayers continue to receive safe, reliable service and a share of the economic benefits from the merger.

A spokesman for the Department of Public Utility Control would not comment. The agency has said its authority to intervene is not necessary because it would continue to regulate Northeast Utilities if the deal is ultimately approved by Massachusetts officials.