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May 8, 2013

CL&P's 2013 storm costs exceed $32M

Contributed Photo CL&P finished restoration work on the Feb. 8 blizzard early and sent crews to assist other New England utilities.

Berlin electric utility Connecticut Light & Power has racked up $32.4 million in storm recovery costs in 2013, thanks to snowfalls in late January and early February, regulatory filings show.

CL&P is the midst of a rate case with state regulators to recover $414 million in storm costs from 2011 and 2012, some of which is in dispute because of the utility's poor performance in two 2011 storms.

The 2013 costs come from a Jan. 31 wind storm that knocked out power to 130,000 CL&P customers and a Feb. 8 blizzard that knocked out power to 71,000 customers.

The utility incurred $19 million in costs from the January storm and $13 million during the February blizzard, according to CL&P's parent Northeast Utilities' first quarter earnings filing with the U.S. Securities & Exchange Commission.

CL&P has not yet decided when to ask to recover these 2013 costs through charges on ratepayer bills, said spokeswoman Tricia Taskey Modifica.

Since CL&P restored power in both the January and February outages faster than most other New England utilities, NU expects Connecticut regulators will allow the utility to recover that $32.4 million fully through rates, the regulatory filing shows.

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