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RSA 374-F:1 · Purpose

Title
XXXIV: PUBLIC UTILITIES
Chapter
374-F · ELECTRIC UTILITY RESTRUCTURING
Status
current
Official source linked
Yes
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374-F:1 Purpose. –

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I.

The most compelling reason to restructure the New Hampshire electric utility industry is to reduce costs for all consumers of electricity by harnessing the power of competitive markets. The overall public policy goal of restructuring is to develop a more efficient industry structure and regulatory framework that results in a more productive economy by reducing costs to consumers while maintaining safe and reliable electric service with minimum adverse impacts on the environment. Increased customer choice and the development of competitive markets for wholesale and retail electricity services are key elements in a restructured industry that will require unbundling of prices and services and at least functional separation of centralized generation services from transmission and distribution services.

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II.

A transition to competitive markets for electricity is consistent with the directives of part II, article 83 of the New Hampshire constitution which reads in part: "Free and fair competition in the trades and industries is an inherent and essential right of the people and should be protected against all monopolies and conspiracies which tend to hinder or destroy it." Competitive markets should provide electricity suppliers with incentives to operate efficiently and cleanly, open markets for new and improved technologies, provide electricity buyers and sellers with appropriate price signals, and improve public confidence in the electric utility industry.

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III.

The following interdependent policy principles are intended to guide the New Hampshire public utilities commission and the department of energy in implementing a statewide electric utility industry restructuring plan, in establishing interim stranded cost recovery charges, in approving each utility's compliance filing, in streamlining administrative processes to make regulation more efficient, and in regulating a restructured electric utility industry. In addition, these interdependent principles are intended to guide the New Hampshire general court and the department of environmental services and other state agencies in promoting and regulating a restructured electric utility industry. Source. 1996, 129:2, eff. May 21, 1996. 2021, 91:279, eff. July 1, 2021.

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Source note

Source. 1996, 129:2, eff. May 21, 1996. 2021, 91:279, eff. July 1, 2021.

Source history

  • 1996, 129:2, eff. May 21, 1996
  • 2021, 91:279, eff. July 1, 2021

Related materials

Bill relationships

  • 2026 HB1724 reference

    for the public good and public health, and focus on market transformation in accordance with cost-effective fiscal strategies as authorized by the legislature, and consistent with RSA 374-F. [V.](e) New Hampshire shall maintain an environment that allows for accurate market signals while balancing affordable consumer prices, price stability, energy reliability, public health and safety, and the financial

  • 2026 HB1738 amend

    of the United States Nuclear Regulatory Commission. These activities may include the management of funding and oversight of nuclear incentive programs, such as those described by RSA 374-F:11, as well as outreach programs to inform and educate the public, particularly regarding safety. 7 New Paragraph; Net Metering. Amend RSA 362-A:9 by inserting after paragraph II the following new paragraph: II-a. E

  • 2026 HB1738-FN amend

    of the United States Nuclear Regulatory Commission. These activities may include the management of funding and oversight of nuclear incentive programs, such as those described by RSA 374-F:11, as well as outreach programs to inform and educate the public, particularly regarding safety. 7 New Paragraph; Net Metering. Amend RSA 362-A:9 by inserting after paragraph II the following new paragraph: II-a. E

  • 2026 HB221 amend

    defined in RSA 374-F:2, II-a, which may procure an amount not to exceed 2 million megawatt hours on an annual basis. 9 Purchased Power Agreements. Amend the introductory paragraph for RSA 374-F:11, II through RSA 374-F:11, II(a) to read as follows: II. Any investor-owned electric distribution utility electing to enter into an agreement pursuant to this section shall petition the public utilities commission for authorization to

  • 2026 HB221-FN amend

    of the United States Nuclear Regulatory Commission. These activities may include the management of funding and oversight of nuclear incentive programs, such as those described by RSA 374-F:11, as well as outreach programs to inform and educate the public, particularly regarding safety. 3 New Paragraph; Net Metering. Amend RSA 362-A:9 by inserting after paragraph II the following new paragraph: II-a. E

  • 2026 SB112 amend

    rse and long-term options for providing energy service to customers. 2 Proposals for Multi-Year Agreements; Addition of Department of Energy. Amend the introductory language of RSA 374-F:11, I to read as follows: I. Investor-owned electric distribution utilities and the department of energy may elect to develop and[, no later than June 30, 2025,] issue a request for proposals for multi-year agreements for

  • 2026 SB112-FN amend

    rse and long-term options for providing energy service to customers. 2 Proposals for Multi-Year Agreements; Addition of Department of Energy. Amend the introductory language of RSA 374-F:11, I to read as follows: I. Investor-owned electric distribution utilities and the department of energy may elect to develop and[, no later than June 30, 2025,] issue a request for proposals for multi-year agreements for

  • 2026 SB447 amend

    15 percent of the projected load for such project shall be attributable to non-residential end-user customers. 9 Purchased Power Agreements. Amend the introductory paragraph of RSA 374-F:11, I to read as follows: I. Investor-owned electric distribution utilities may elect to develop and, no later than June 30, [2025] 2040, issue a request for proposals for multi-year agreements for energy, in conjunction

  • 2025 HB118 repeal

    study commission to study the effect of recent changes made to charitable gaming laws. XII. RSA 329:1-f and the subdivision heading preceding it, relative to the commission to study telehealth services. XIII. RSA 374-F:10, relative to the offshore wind and port development commission. XIV. 2022, 278:2, relative to the repeal of the commission to study the delivery of public health services through regional public health network

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