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CL&P seeks $10 million for perks

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Lori Price CLG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-18-03 05:57 PM
Original message
CL&P seeks $10 million for perks
Click here.

Consumer advocates are blasting Connecticut Light & Power Co. for including more than $10 million in perks for executives and directors in its latest request for a rate increase.

Berlin-based CL&P has asked the state Department of Public Utility Control to approve a rate increase that would cost customers $135 million in its first year. The DPUC must decide by Dec. 15.

According to the state Office of Consumer Counsel, the electric company’s seven top executives would gain $2 million more in retirement benefits, including $762,000 through a "supplemental retirement plan" and $1.3 million through a "non-supplemental executive retirement plan."

-Lori Price
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aquart Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-18-03 06:08 PM
Response to Original message
1. Bet they get it, too.
After all the hard work they do? Gosh.

Republicans steal with both hands and an idiot who volunteers to hold the gun.
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Lori Price CLG Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Nov-18-03 06:13 PM
Response to Reply #1
2. People should show up in their offices and not leave until...
they cancel the rate hike.

-Lori Price
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