Public Hearings Scheduled On Pending Connecticut Water Company Rate Case Application patch.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from patch.com Daily Mail and Mail on Sunday newspapers.
investigations Nov 24, 2020
Tropical Storm Isaias knocked out power to hundreds of thousands of customers in Connecticut and caused millions of dollars in property damage. But for one neighborhood, the real damage happened when the lights came back on, and those homeowners say they have been left footing a chunk of the bill. The list of appliances residents say were damaged by a… Eversource Nov 6, 2020
The Public Utilities Regulatory Authority Friday approved an electricity rate increase for Eversource and United Illuminating. The new rates will go into effect from Jan. 1, 2021 to June 30, 2021. For Eversource, the new rate will amount to around an increase of $7.11 per month on the supply portion of the bill for a customer who averages around 700…
Operator
Ladies and gentlemen, thank you for standing by and welcome to the SJW Group Q4 2020 Earnings Conference Call. [Operator Instructions]
I would now like to hand the conference over to your speaker today, Mr. Jim Lynch, CFO and Treasurer. Thank you. Please go ahead, sir.
James P. Lynch
Chief Financial Officer and Treasurer
Thank you, operator. Welcome to the fourth quarter 2020 financial results conference call for SJW Group. I will be presenting today with Eric Thornburg, Chairman of the Board, President and Chief Executive Officer. For those who would like to follow along, slides accompanying our remarks are available on our website at www.sjwgroup.com.
Cathy Zoi, CEO of EVgo, pays a lot of attention to the economics of public electric vehicle charging, both in terms of the widely varying upfront costs from location to location, and the long-term calculations that go into making sure their revenue exceeds their costs over their lifetime.
“We have a first-mover advantage, but we also have a first-learner advantage,” she said, with data collected from about 1,500 fast chargers across 800 locations to date. That s allowed the decade-old EV charging provider to develop “proprietary utilization forecasting tools” aimed at ensuring that the early years of a fast-charging site, when relatively few EVs are on the roads to use it, can eventually be made up by the end of its life as EVs proliferate in its region. “That’s some of our secret sauce.”