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CT AG Tong Opposes PURA's Aquarion Sale Over Rate Hike Concerns

Aquarion CompanyMarch 6, 2026Connecticut Attorney General

Consumers Affected

722,000

Summary

PURA preliminarily approved the sale of Aquarion Water Company to a new nonprofit Aquarion Water Authority, expected to double water rates. Attorney General Tong opposes the decision, citing loss of public oversight and high costs to consumers. The conversion removes PURA regulation, placing rate approvals under a board with no history of rejecting hikes.

Contract Impact

In-house legal teams should review contracts with water utilities or related service agreements for clauses on rate adjustments, regulatory approvals, and governance changes. Specifically, check for provisions allowing rate increases, requirements for board or regulatory approvals, and terms affected by ownership changes or conversion to nonprofit status, as these may impact consumer costs and oversight.

Contract Search Terms

rate adjustment clauseregulatory approval requirementutility board approvalconsumer rate protectionnonprofit conversionpublic oversight mechanismwater utility service agreementPURA jurisdiction clauserate hike provisionmunicipal water authority contract

Violation Types

Entity Details

Entity

Aquarion Company

Also known as: Aquarion

Industry

Other

Official Sources

Source Evidence

Event Date
"03/06/2026"
Entity Name
"Aquarion Company"
Consumers Affected
"serving approximately 722,000 people"

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