Eversource & Avangrid warn of higher prices

Eversource & Avangrid warn of higher prices after their credit ratings take a hit
Utility companies in Connecticut are warning customers that bills are likely to go up again. Eversource, Connecticut Natural Gas (CNG), and Southern Connecticut Gas (SCG) all had their credit ratings lowered in the last week from a rating in the A range down to a BBB+.
Eversource credit rating downgraded just days after gas companies' due to CT regulatory climate
The credit rating downgrade for Eversource by Standard & Poor's comes after the rating agency took similar action against two CT gas companies
Eversource Gets Credit Rating Downgrade; Consumer Advocate Calls Response a Bit of Spin
S&P Global Ratings lowered the long-term issuer credit on the state's largest utility, Eversource, from A- to BBB+.
Eversource and Avangrid warn of higher bills after change in credit ratings
Eversource and natural gas customers could see an increase in their bills down the line because of a change in the companies’ credit ratings. Like your credit score, banks look at credit ratings to determine how likely a company will pay them back.
S&P lowers Eversource credit rating, utility blasts CT regulators, claims customers to pay price
This latest ratings action is independent confirmation that the Connecticut regulatory environment is harming the ability of electric, water and gas companies to hold financing costs down for
Eversource, Avangrid utilities slam PURA after downgrades
Two major utility companies in Connecticut have called the recent ratings downgrades by S&P Global proof that actions by the
Eversource responds to this week’s credit rating downgrades
S&P announced on Monday that Eversource’s credit rating has been downgraded. Eversource said it is bad news for customers.
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