UIL Acquisition Hearing 1The DPUC ruled on CIUW's most recent motion for full Intervenor status by allowing us to pose a few questions to Uinited Illuminating.

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:

All the filings for Docket 10-07-09 can be found here:

The DPUC ruled on CIUW's motion requesting Party status by granting very limited Intervenor status, i.e. merely being added to the docket's service list.

Attorney Gagne has responded, on behalf of both the CIUW and the USW, with a renewed request for full Intervenor status.

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.