Boston Herald

Eversource spent $4.9M in fight to hike rates

- By BRIAN DOWLING — brian.dowling@bostonhera­ld.com

Eversource Energy ran up the heftiest legal bill ever for a Massachuse­tts power company in pursuit of a rate hike when it amassed $4.9 million in costs for lawyers and expert testimony.

The utility said this week in a filing that it paid millions in legal fees, filing costs and study expenses to convince the state Department of Public Utilities that its $96 million rate increase is necessary.

National Consumer Law Center attorney Charlie Harak was concerned about the sum and indicated regulators should take a close look before rubber-stamping the costs.

“Legal fees in a rate case are not really about providing a necessary service to ratepayer and therefore should be as low as is feasible,” Harak told the Herald.

The $4.9 million legal tab — which is paid for by ratepayers if approved by regulators — is nearly two times the largest amount ever approved for a utility company seeking a rate increase when National Grid was allowed to bill its customers $2.6 million in 2010, according to an analysis from Attorney General Maura Healey’s office.

Healey’s office, which is challengin­g Eversource’s rate hike, also noted the company’s legal bill is twice as much as its entire $2.3 million budget for ratepayer advocacy.

Eversource said a number of factors drove the high legal costs, including it being a combined filing from two of its companies, the first litigated rate review in 25 years and a midcase change in rate design that itself cost $1 million to make.

“The overall cost is a sign of how thorough the department’s scrutiny was of our rate proposals,” Eversource spokeswoma­n Priscilla Ress said in a statement.

Eversource, which has 3.7 million gas and electric customers in Massachuse­tts, Connecticu­t and New Hampshire, said this week it earned $260 million in the third quarter, down slightly from the $265 million it reeled in during the same period last year.

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