$56 MILLION COLUMBIA GAS SETTLEMENT APPROVED BY THE MASSACHUSETTS DEPT. OF PUBLIC UTILITIES

Highlights

• As per the settlement, Columbia Gas will have to pay $56 million for its role in the Merrimack Valley gas explosions that occurred in 2018 and leave the state and also transfer all its assets to Eversource Energy

• Around $53 million will go to debt relief for nearly 26,000 low income customers, that will wipe out $15 million in debt, while the balance will go to a Merrimack Valley Renewal Fund, to fu....