Massachusetts gas explosions cost utility more than $1B
BOSTON (AP) — The natural gas explosions and fires in Massachusetts last September have cost Columbia Gas more than $1 billion.
NiSource, Columbia’s parent company, said in a financial report filed this week that $757 million of that was for third-party claims against the utility, including property damage. Another $266 million was for other expenses, including the workers needed during the recovery effort.
The financial losses do not include the cost of pipeline replacement, or the
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