Trending Now - PURA Grants Approval for Aquarion Water Company Sale

WHO:

Aquarion Water Company, currently owned by Eversource.

PURA (Public Utilities Regulatory Authority), the regulatory body overseeing the sale.

WHAT:

PURA granted final approval for the sale of Aquarion Water Company.

The approval allows CT's largest water utility to transition into a public entity.

WHERE:

Connecticut, where Aquarion Water Company operates as a public utility.

WHEN:

The approval was granted in March 2026.

WHY:

The sale is part of a regulatory process to ensure the utility is managed effectively and serves the public interest.

HOW:

The sale was scrutinized and approved by PURA, which has the authority to set rates and oversee service quality for public utilities.

(UPDATED March 26, 2026 00:40 UTC)

PURA has granted final approval for the sale of Aquarion Water Company, allowing Connecticut's largest water utility to transition into a public entity. This decision, made in March 2026, is part of a regulatory process aimed at ensuring the utility is managed effectively and serves the public interest. As the regulatory body overseeing the sale, PURA will continue to set rates and monitor service quality for the newly public utility.