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PURA Head Butts the Economic Marketplace

Marrisa Gillett With an appreciative nod from Connecticut Governor Ned Lamont, Marissa Gillett , has now challenged energy providers in Connecticut to accept what she regards as a fait accompli : swallow losses without raising your prices. Gillett , the head of Connecticut’s Public Utilities Regulatory Authority (PURA) , might very well be the point of a neo-progressive spear in the northeast should she remain untethered to economic reality.     PURA was instituted to oversee energy prices in Connecticut . Gillett and other price control advocates in the state believe the regulatory agency has in the past operated as a r egulation umpire standing between energy producers and energy consumers calling balls and strikes on price increases.     An early interview with Gillett featured in Voltz may seem to the average energy consumer unfamiliar with regulatory jargon unnecessarily obtuse, but here and there Gillett ’s program lifts its head above the d...