Hartford, CT – Attorney General William Tong today called on the Public Utilities Regulatory Authority (PURA) to significantly reduce Eversource’s rates. Following the passage of the Take Back Our Grid Act last year, PURA opened a rate review proceeding and is evaluating electric companies’ rates to see if an interim rate reduction is appropriate. The…
Category: Business
Connecticut Attorney General Tong warns consumers in the state to be vigilant of price gouging ahead of Hurricane Henri
Hartford, CT – As Hurricane Henri heads for Connecticut, Attorney General William Tong is warning Connecticut consumers to be vigilant of price gouging and price hikes. During states of emergency, price gouging is illegal and this includes in demand items such as generators and gas. “Price gougers take advantage of our fear. We’re all worried…
Eversource Increases Number of Possible Power Outages as Connecticut Braces for Hurricane Henri, restorations could go 8 to 21 days
Company to declare an Emergency Response Plan Level 2; 50 to 69% of customers could lose power; restorations could go 8 to 21 days BERLIN, Conn. (August 21, 2021) – With Hurricane Henri expected to make landfall early Sunday morning along Connecticut’s shoreline, Eversource is increasing the number of possible outages the storm could cause.…
First County Bank Expands Commercial Lending Division
STAMFORD, CT – First County Bank expands its commercial banking division, with the hiring of Tripp Moore and Robert O’Brien, as Vice President, Commercial Banking Officers. Moore and O’Brien, who have over 30 years of combined commercial lending experience, will be responsible for developing new commercial relationships for the Bank by providing customized lending and…
Putting Advanced Drone Technology into the Hands of Teens
STAMFORD, CT – While most primary school students have been enjoying a relaxing summer break, a group of 50 incoming high school freshman in Stamford have already started working towards a technology-focused college degree through the Beyond Limits Summer Scholars Program, a component of the Early College Studies Program at Stamford High School (ECS@SHS) that…
Murphy, Pallone call for investment in coastal resiliency projects to combat climate change and create jobs
WASHINGTON, CT – U.S. Senator Chris Murphy (D-Conn.) and U.S. Representative Frank Pallone, Jr. (NJ-06) wrote to President Biden on Friday requesting support for living shoreline coastal resiliency projects that will help coastal communities combat climate change and rebuild the economy. President Biden’s American Jobs Plan specifically calls for investment in nature-based infrastructure to maximize…
Stamford Couple wins $1,000 as part of First County Bank’s FirstPrize $avings Account Drawing
STAMFORD, CT – First County Bank awarded Mr. and Mrs. Saumell of Stamford, CT $1,000, as they are the latest winners of the FirstPrize $avings account drawing. “I was so pleased to hear that customers from my branch finally won,” said Camilo Duque, Branch Manager of the First County Bank Summer Street branch, in Stamford.…
Governor Lamont announces Connecticut receives first credit rating upgrade in more than 20 years
HARTFORD, CT – Governor Ned Lamont on Wednesday announced that Moody’s Investors Service has upgraded Connecticut’s General Obligation bonds credit rating from “A1” to “Aa3,” making it the first credit rating upgrade the state has received since February 2001. “This upgrade from Moody’s is the first for our state in more than 20 years and…
Payroll jobs post slight January 2021 decline (-100): unemployment rate at 8.1% on newly benchmarked data
WETHERSFIELD, CT – Connecticut payroll employment was essentially unchanged in January 2021, dropping just 100 jobs (‑0.01%) after a revised 4,600 (‑0.3%) decrease in December 2020. This is the third monthly job loss after six consecutive seasonally adjusted monthly jobs gains. Statewide employment is now 127,300 (-7.5%) positions lower than a year ago at 1,570,700…
13,500 Square Foot Office Space Sublease Available in Darien is Represented by Choyce Peterson
Norwalk, CT – Choyce Peterson, Inc. (www.choycepeterson.com), a full-service commercial real estate brokerage and consulting firm, announced they are exclusively representing a 13,500 square foot office suite available for sublease at 1 Thorndal Circle in Darien, CT. Choyce Peterson Principal John Hannigan, Vice President Adam Cognetta, and Vice President Charlene O’Connell comprise the brokerage team.…