Eversource requested a $727 million annual rate increase + an 18 percent jump in monthly electric bills, citing years of storm-related costs; the attorney general called the move a tone-deaf insult amid concerns over high Connecticut rates.
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The Connecticut Department of Energy and Environmental Protection forecasts unhealthy smoke levels in the air across the state today. Residents are advised to monitor air quality — especially if spending time outdoors.
Connecticut recorded its best ever finish in CNBC's Top States for Business rankings, climbing to 23rd place on July 15. Analysts (including CNBC's Scott Cohen) said faster permit approvals helped improve ratings even as high costs and aging infrastructure remain challenges.
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