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RSA 374:11 · Use of Depreciation Fund

Title: XXXIV: PUBLIC UTILITIES
Chapter: 374 · GENERAL REGULATIONS
Status: current
Official source linked: Yes

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374:11 Use of Depreciation Fund. – The depreciation fund may be expended in new construction, extensions or additions to the property of the public utility, or invested and, if invested, the net income from the investment shall be added to the depreciation fund, unless the commission for good cause shown shall otherwise order. Such fund may be used only for new construction, extensions or additions to physical property or for renewing, restoring, replacing or substituting depreciated property in order to keep its plant and system in a state of repair and efficiency, or for paying debts incurred for such purposes. Source. 1913, 98:1. PL 240:10. RL 289:10. 1951, 203:29, eff. Sept. 1, 1951.

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Source note

Source. 1913, 98:1. PL 240:10. RL 289:10. 1951, 203:29, eff. Sept. 1, 1951.

Source history

1913, 98:1. PL 240:10. RL 289:10
1951, 203:29, eff. Sept. 1, 1951

Related materials

Bill relationships

2026 HB1743 amend
mart meters. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Public Utilities; Smart Meter Radiation Disclosure. Amend RSA 374 by inserting after section 2-a the following new section: 374:2-b Smart Meter Radiation Disclosure. I. Each electric utility operating in the state shall provide an annual written statement to each utility account h
2026 HB1743-FN amend
mart meters. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Public Utilities; Smart Meter Radiation Disclosure. Amend RSA 374 by inserting after section 2-a the following new section: 374:2-b Smart Meter Radiation Disclosure. I. Each electric utility operating in the state shall provide an annual written statement to each utility account h
2026 HB1745 amend · effective 2027-01-01
ity costs to ratepayers. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Prohibited Cost Recovery Through Rates. Amend RSA 374 by inserting after section 2-a the following new section: 374:2-b Prohibited Cost Recovery Through Rates. I. No public utility shall recover through rates any costs associated with its attendance at, participation i
2026 HB1745-FN amend · effective 2027-01-01
ity costs to ratepayers. Be it Enacted by the Senate and House of Representatives in General Court convened: 1 New Section; Prohibited Cost Recovery Through Rates. Amend RSA 374 by inserting after section 2-a the following new section: 374:2-b Prohibited Cost Recovery Through Rates. I. No public utility shall recover through rates any costs associated with its attendance at, participation i
2026 SB540 amend · effective 2027-01-01
Each plug-in solar generation system shall be installed and operated in accordance with the state building code and manufacturer instructions. 4 New Section; Liability. Amend RSA 374 by inserting after section 1-a the following new section: 374:1-b Liability for Plug-In Solar Generation Systems. An electric distribution utility shall not be liable for damage, injury, or compensation or charges ari
2026 SB540-FN amend · effective 2027-01-01
Each plug-in solar generation system shall be installed and operated in accordance with the state building code and manufacturer instructions. 4 New Section; Liability. Amend RSA 374 by inserting after section 1-a the following new section: 374:1-b Liability for Plug-In Solar Generation Systems. An electric distribution utility shall not be liable for damage, injury, or compensation or charges ari