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Aquarion Water Deal Finally Closes | Hartford News
Description
Eversource Energy’s long-delayed exit from Aquarion Water Company is finally set to close June 30, with the nonprofit Aquarion Water Authority taking over service for 700,000+ residents across 60 towns. PURA approved releasing $5.6 million in escrow to a stabilization fund, with interest returning as bill credits within 30 days post-sale. Earlier appeals from towns and groups were dropped after PURA’s March approval, and Aquarion will withdraw its rate case July 1 — the day after closing — following a November 2025 denial that stalled the deal. Customers may soon see financial relief as this major utility transition wraps up.
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