The application for change of control of CNG & SCG from Iberdrola USA to United Illuminating was filed last Friday. The UIL filings can be found here:

In a deal termed "risky" by the Hartford Business Journal Online, UIL Holdings, the parent company of shoreline electric utility United Illuminating, agreed to acquire CNG, SCG, and Berkshire Gas for $1.3 billion. Will President and COO Anthony Vallillo have to take a cut in his $1,332,532 Total Compensation in order to finance the deal? It is doubtful that CEO James P. Torgerson will allow his $1,927,604 to be touched. Or was that $2.26 million? (nearly all paid by the Connecticut ratepayers according to AG Richard Blumenthal.)

The Final Decision in Docket 09-09-08 was essentially the same as the Revised Draft Decision.

The Office of Consumer Counsel, the Office of Attorney General Richard Blumenthal, the Unions, and the Company all submitted their written exceptions to the Draft Decision in Docket 09-09-08 on Friday, January 22, 2010. The Attorney General's press release can be found here:

The summary that follows includes links to all of the written exception documents.

The DPUC issued its long-awaited draft decision today. In contravention of its rate case admonition, it allows the Iberdrola-owned company to "throw its employees under the bus" in order to increase profits. There is, however, a price to be paid for this dispensation. The company will have to comply with thirty (30) orders, many of which require monthly reporting.

Briefs from the OCC, AG, and Iberdrola USA (CNG/SCG) have been posed on the DPUC web site.

Majority of members satisfied.

Commissioner Bzydera issues her ruling: In response to a motion from Attorney General Richard Blumenthal and OCC Attorney Joseph Rosenthal, Commissioner Amalia Vazquez Bzdyra issued a stay of the layoffs which CNG had planned to begin on Monday, November 16th. The stay will remain in effect until the DPUC's final ruling in Docket 09-09-08.

CNG/SCG Calls in ReinforcementsFollowing a protracted protected hearing from which the public, the CIUW, USW Local 12000, and their attorney were excluded, DPUC Commissioner Amalia Vazquez Bzdyra allowed the layoff stay to expire.

In response to a motion from CNG to extend the due date for filing responses to interrogatories and reschedule the October 14, 2009 hearing, the DPUC has given the Company until 4 p.m. on  Tuesday, October 20, 2009 to produce  the detailed information requested. The hearing has been rescheduled to Friday, October 30, 2009, at 9:30 a.m. and the stay is also extended until then.

The Company's motion to reconsider the protective order was also granted. Apparently it is more offensive for non-union employees to learn their jobs are being eliminated than it is for Union employees.