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Jim Judge

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Bill Requiring Food, Medicine Reimbursement Would Cause Higher Bills, Says Eversource Bill Requiring Food, Medicine Reimbursement Would Cause Higher Bills, Says Eversource
Bill Requiring Food, Medicine Reimbursement Would Cause Higher Bills, Says Eversource Under a new bill, Connecticut residents could be reimbursed up to $1,000 for spoiled food and medicine due to long power outages, but Eversource says that protection may come at a high price to customers. On Tuesday, Sept. 8, Eversource CEO Jim Judge responded to criticism that the power company took too long to restore electricity to many parts of Connecticut following the August Tropical STorm Isaias. Some customers waited 9 days for power to return. The proposed Connecticut bill would give the state’s Public Utilities Regulation Administration (PURA) the authority to require power compa…

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by Kristin Palpini
News
Isaias: Lawmakers Lambaste Eversource At Hearing Isaias: Lawmakers Lambaste Eversource At Hearing
Isaias: Lawmakers Lambaste Eversource At Hearing Eversource was read the riot act by Connecticut lawmakers during a hearing regarding recent rate hikes and the company’s response to Tropical Storm Isaias. Members of the state legislative Energy & Technology Committee grilled Eversource officials, including CEO Jim Judge on Thursday, Aug. 27 after some in Connecticut were left without power for more than a week. Elected officials questioned Judge on the company’s response to the storm, its lack of preparation, and the broken down communications that happened during the storm, when thousands of customers were unable to get accurat…

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by Zak Failla
Business
Eversource Ranks No. 1 Among Nation's Most Responsible Energy Companies, Newsweek Says Eversource Ranks No. 1 Among Nation's Most Responsible Energy Companies, Newsweek Says
Eversource Ranks No. 1 Among Nation's Most Responsible Energy Companies, Newsweek Says Eversource has been named America’s Most Responsible energy and utility company by Newsweek. In a new study, Eversource was recognized on the magazine’s list of “America’s Most Responsible Companies.” It ranked first in the energy and utility category and was 72nd out of 2,000 companies that were evaluated. Newsweek partnered with global data research firm Statista Inc. to publish its first ranking of America's Most Responsible Companies. Statista worked from a universe of 2000 public companies to determine which firms were tops when it came to doing good. According to Statista, the m…

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by Zak Failla
Business
Eversource Eyes Acquisition Of Connecticut Water Eversource Eyes Acquisition Of Connecticut Water
Eversource Eyes Acquisition Of Connecticut Water Eversource Energy announced on Thursday, April 19 that it made a proposal to acquire all outstanding shares of Connecticut Water Service, Inc.  The proposal, made on April 5, would have allowed Eversource to acquire all the outstanding shares for $63.50 per share in cash, according to a news statement.  With this proposal, Connecticut Water Service shareholders can take the payment or receive the equivalent shares in Eversource.  Connecticut Water said it remains committed to an earlier offer made by SJW Group, calling it a merger of equals that will offer better opportunity for growth and…

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by Jon Craig