Gov. Maura Healey is asking Eversource, National Grid and Unitil to tell the state by Oct. 27 when they will start paying back an estimated $1.5 billion in transmission refunds owed to electric customers across New England. The money traces to a federal ruling that found the companies earned too much on their power lines.
Healey’s Oct. 13 letter asks for a payback schedule, a count of what Massachusetts customers are owed and an explanation of how the money will reach them. No schedule has been announced.
What the governor asked the utilities to hand over
The letter asks the three companies to return Massachusetts customers’ share right away and to work with ISO New England, the grid operator, and the other transmission owners to begin issuing refunds now. By Oct. 27, Healey wants three things in writing: an accounting of what Massachusetts customers are owed, a schedule for payment, and the process for getting the money to them…