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Ned Lamont: “Eversource they sold their water company to a not for profit…”

Featuring: Ned Lamont, Democratic | Governor of Connecticut

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Governor Ned Lamont on Connecticut's Stability in Uncertain Times

Published | Video Starts at 31:26

I'm not sure we as a community understands exactly, except there could be a big increase in our water cost going forward with this. Where are you on this merger? So Eversource they sold their water company to a not for profit consortium. They paid a lot of money for it. So we're very worried that that premium they paid for it will be reflected in increasing water rates. (31:26–31:32)

CLAIM

Asserts that Eversource sold its water company to a nonprofit consortium.

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