Melissa in the Morning: Eversource Bombshell

May 09, 12:58 PM

Eversource announced a cut of 500-million-dollars in spending in Connecticut over the next five years. The company says it will no longer be investing 100-million-dollars in each of the next five years on infrastructure and other projects in Connecticut.  The cuts will only involve capital projects, not day to day operations. We wanted to get a better understanding about what led to the decision for a major investment shakeup. We spoke with Doug Horton, Vice President of Rates and Regulatory Requirements at Eversource.

Image Credit: Getty Images