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HB111: relative to recovery of stranded costs on certain purchased power agreements.
Bill details
Version history, amendments, and roll-call votes were not present in the imported local bill data.
Sponsors
- Harrington House · Straf 3
- Kenneth Weyler House · Rock 13
Topics
Science, Technology and Energy
Official links
HB 111 - AS INTRODUCED
2017 SESSION
17-0307
06/01
HOUSE BILL 111
AN ACT relative to recovery of stranded costs on certain purchased power agreements.
ANALYSIS
This bill provides that costs of purchased power agreements prior to July 9, 2015 shall only be collected through the default service charge.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
17-0307
06/01
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Seventeen
AN ACT relative to recovery of stranded costs on certain purchased power agreements.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Public Utilities Commission; Restructuring of PSNH Ownership of Generation Assets; Recovery of Costs. Amend 2015, 221:14 to read as follows:
221:14 Public Utilities Commission; Restructuring of PSNH Ownership of Generation Assets; Recovery of Costs. Notwithstanding RSA 374-F:3, V(c), the commission may approve recovery of net over-market costs of purchased power agreements entered into pursuant to RSA 362-F:9 and approved by the commission after July 9, 2015 through a stranded cost charge as part of a comprehensive restructuring of PSNH’s ownership of generation assets. Any cost associated with purchased power agreements approved by the commission prior to July 9, 2015 shall only be collected through the default service charge and any portion of a commission order authorizing any other method of collection of costs shall be null and void.
2 Effective Date. This act shall take effect 60 days after its passage.