Storm Fund Increased to $30 Million – Are you eligible?

Posted on November 29, 2011. Filed under: Uncategorized |

Northeast Utilities announced today that their initial fund amount of $10 million was insufficient to reimburse the many customers without power for an extended amount of time after the October 29 snowstorm; that fund has been increased to $30 million.

According to Northeast Utilities, “any residential customer without power after noon on Saturday, November 5, as a result of the storm, would be eligible for credit applied to their CL&P bill – a minimum of $100 to a maximum of $200 depending on how many eligible customers apply for the credit.”

The money will be distributed by “compensation czar” Kenneth Feinberg, who previously handled victim compensation for the 9/11 fund and the fund for the victims of the 2010 BP oil spill.

The utility company will also donate $5 million to the Connecticut Food Bank, Foodshare, and Operation Fuel.

Here’s what you need to know about getting your credit if you’re eligible, straight from Northeast Utilities:

“The fund, which will be administered by the company, will be open for application beginning Wednesday, December 7, 2011. On that date, CL&P will begin contacting qualified residential customers to inform them of their eligibility to apply for the credit. Also at that time, qualified customers can choose to apply at www.cl-p.com or by calling 888-566-9257. All applications must be received by 5 p.m. January 31, 2012. Credits will begin to be applied to the customer’s February billing statement. No release of legal claims will be necessary in order to receive compensation from the fund.”

 

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