HARTFORD, Conn. — New England’s grid operator and attorneys general, regulators and consumer advocates in four states have settled a dispute over the regional agency’s proposed budget.

The Federal Energy Regulatory Commission said Tuesday that ISO-New England, based in Holyoke, Mass., and state officials in Connecticut, Maine, New Hampshire and Rhode Island agreed to a settlement in principle. Details are not available as a formal settlement is being worked out.

Officials last November criticized ISO’s $165 million budget request for 2013. They said spending grew too much in the weak economy.

ISO said its operating budget minus depreciation and other expenses is about $136 million. It said it added positions related to gas as a growing energy source and cited higher interest expense for debt. And it allocated $1 million for transmission planning and other areas.

Only subscribers are eligible to post comments. Please subscribe or to participate in the conversation. Here’s why.

Use the form below to reset your password. When you've submitted your account email, we will send an email with a reset code.