State Regulators Approve Aquarion Water Co. Sale Despite Concerns Over Rates

Groton customers of Aquarion could eventually feel the impact on their bills as a result of the merger.

Published on Mar. 9, 2026

Got story updates? Submit your updates here. ›

State regulators have issued a preliminary approval for the sale of Aquarion Water Co., a major water utility merger that has raised concerns about potential rate hikes for customers in Groton and other areas. While the final decision is expected later this month, some state officials have strongly criticized the move, worried that it could lead to higher rates and reduced oversight.

Why it matters

The Aquarion Water Co. sale is a significant development in the regional water utility landscape. As one of the largest water providers in the state, any changes to Aquarion's ownership and operations could have widespread implications for ratepayers, particularly in areas like Groton where Aquarion has a large customer base. The concerns raised by state officials about potential rate increases and oversight issues highlight the importance of closely monitoring the merger process to ensure it does not unduly burden consumers.

The details

The proposed sale of Aquarion Water Co. would transfer ownership of the utility to a new parent company. State regulators have issued a preliminary approval for the deal, despite strong criticism from some officials who are worried about the potential impact on rates and oversight. A final decision on the merger is expected later this month. Aquarion currently serves customers in Groton and other parts of Connecticut.

  • State regulators issued a preliminary approval for the Aquarion Water Co. sale on March 9, 2026.
  • A final decision on the merger is expected later in March 2026.

The players

Aquarion Water Co.

A major water utility company that provides service to customers in Groton and other parts of Connecticut.

State Regulators

The government officials responsible for reviewing and approving the proposed sale of Aquarion Water Co.

Got photos? Submit your photos here. ›

What they’re saying

“We must not let this merger go through without proper oversight to protect ratepayers from potential rate hikes.”

— State Official

What’s next

A final decision on the Aquarion Water Co. sale is expected from state regulators later this month.

The takeaway

This proposed water utility merger highlights the need for careful regulatory scrutiny to ensure that any changes to major service providers do not unduly burden consumers through higher rates or reduced oversight. Groton ratepayers will be closely watching the final outcome of this decision.