
Across New York, Maine and Connecticut, utilities face rising investment needs alongside tighter scrutiny of customer bill impacts. The source shows three different regulatory mechanisms: New York retained a large capital program while reducing the first-year revenue path; Maine closed a five-year proposal when planning and evidentiary support were insufficient; and Connecticut changed revenue and return treatment through reconsideration. The executive issue is whether system need, cost, bill impact, performance and regulatory proof remain connected as assumptions change.
Across three states, investment recovery depends on a reviewable chain from system need through customer impact and regulatory proof.
$11.7 billion of electric capital investment remained in New York’s plan while first-year delivery revenues were cut by more than $1.37 billion.
Maine closed a five-year proposal over investment pace, ratepayer impact, missing integrated planning and insufficient evidentiary support.
Connecticut increased authorized revenue by about $2 million on reconsideration and removed previously issued return-on-equity penalties.
New York targets household energy burden at 6% or less for eligible customers and expanded income-based bill relief in 2025.
Require each material investment to connect system need, cost, bill impact, performance and regulatory evidence before the filing baseline is locked.