Utilities send specialists to conduct audits
Weatherization Residential Assistance Partnership, or WRAP, is a program the companies are offering through the Connecticut Energy Efficiency Fund and CL&P. Program eligibility is based on household income and the percentage of total annual income spent on energy, according to company officials.
For qualifying customers, a trained energy specialist will visit homes and inspect all windows and doors for leaks. The specialist will apply caulking, weather stripping and door sweeps as needed, and also will assess other ways the household can minimize heat loss in the winter and maximize cooling effects in the summer.
Furnaces, refrigerators and freezers will be evaluated, and sometimes repaired or replaced with energy-efficient models, according to company officials. The WRAP program is available year-round and is open to homeowners and renters.
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Hydro One reports $1.1B Q2 profit boosted by one-time gain due to court ruling
TORONTO - Hydro One Ltd. reported a second-quarter profit of $1.1 billion, boosted by a one-time gain related to a court decision.
The power utility says it saw a one-time gain of $867 million in the quarter due to an Ontario court ruling on a deferred tax asset appeal that set aside an Ontario Energy Board decision.
Hydro One says the profit amounted to $1.84 per share for the quarter ended June 30, up from $155 million or 26 cents per share a year earlier.
On an adjusted basis, it says it earned 39 cents per share for the quarter, up from an…
