AG Tong urged the Public Utilities Regulatory Authority to reject the sale of Aquarion Company to a new nonprofit that could double household bills and gut public oversight of water utility rates and consumer protections.

Aquarion Company and its Connecticut subsidiaries, Aquarion Water Company of Connecticut (AWC-CT) and Torrington Water Company (TWC), is currently by far the largest water company in the state, serving approximately 722,000 people in 62 municipalities across Connecticut.

“This transaction is a costly loser for Connecticut families who simply cannot afford higher water bills right now. This is about Eversource wanting to offload Aquarion because they didn’t get the multimillion-dollar rate hike they demanded. Don’t be confused by the complicated legal maneuvers. This is an end run around PURA to double bills, and it should be rejected,” said Attorney General Tong.