secwatch.observer — SEC 8-K summary
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Issuer:     CONNECTICUT LIGHT & POWER CO (CNTHP)
CIK:        0000023426
Form:       8-K
Filed at:   2021-10-04T23:59:59+00:00
Accession:  0001104659-21-122324
Event type: regulatory
Sentiment:  negative
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

CL&P settles CT regulatory proceedings; $75M customer bill credits; Q3 charge of $0.24/sh
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- CL&P to provide $65M in customer bill credits over Dec 2021–Jan 2022; pre-tax charge of $65M in Q3 2021.
- Additional $10M set aside for customer assistance; pre-tax charge of $10M in Q3 2021.
- Cumulative pre-tax charges (settlement + Storm Isaias penalty) $103.4M; after-tax $83.8M ($0.24/sh) for Eversource.
- Base distribution rates frozen until Jan 1, 2024; 90bp and 45bp ROE reductions dropped.
- CL&P withdraws pending appeals of Storm Isaias decisions with prejudice; rate freeze excludes other mechanisms.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/23426/000110465921122324/0001104659-21-122324-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/23426/000110465921122324/tm2129149d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-21-122324

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