In recent years, the utility regulatory model has been called into question. Sometimes utilities are accused of spending money on projects that they claim will make the grid more reliable but in the end the results don’t bear out.  In other cases, utilities are accused of not spending money to keep the grid reliable and instead returning more profits to their investors. In Connecticut, a 2020 tropical storm that left people without power for days and days brought the issue to light. Now, three years later, Connecticut is completely overhauling how it regulates electric utilities, moving to a performance-based model.