362-C:1 Declaration of Purpose and Findings. – The legislature finds that: I. The health, safety and welfare of the people of the state of New Hampshire and orderly growth of the state’s economy require that there be a sound system for the furnishing of electric service. II. The bankruptcy of the state’s largest electric […]
362-C:10 Wholesale Customers. – Nothing in the agreement or plan approved by the commission under this chapter shall restrict access to Public Service Company of New Hampshire’s (PSNH), or its successor’s, power supply and transmission resources for PSNH’s, or its successor’s, existing New Hampshire firm wholesale and transmission utility customers. Source. 1989S, 1:1, eff. […]
362-C:2 Definitions. – In this chapter: I. "Agreement" means the agreement dated as of November 22, 1989, as amended through December 14, 1989, executed by and between the governor and attorney general of the state of New Hampshire, acting on behalf of the state of New Hampshire, and Northeast Utilities Service Company, acting on […]
362-C:3 Action by the Commission. – The commission is authorized, after hearing, in one or more proceedings to be initiated and completed during the pendency of the Public Service Company of New Hampshire bankruptcy, to determine whether the implementation of the agreement would be consistent with the public good. If the commission so finds, […]
362-C:4 Establishment of Temporary Rates. – Notwithstanding any other provision of law, the commission shall establish a 5.5 percent temporary rate surcharge to be made effective on January 1, 1990, for the retail electric rates of Public Service Company of New Hampshire, or its successor, in accordance with the agreement. The incremental increase in […]
362-C:5 Alternative Reorganization Plans. – The authorization granted to the commission in RSA 362-C:3 shall extend to any alternative reorganization plan which the commission affirmatively finds will resolve the Public Service Company of New Hampshire bankruptcy case and will result in the same or lower costs and risks to ratepayers and the same or […]
362-C:6 Finality of Approval. – If the commission takes final action under RSA 362-C:3 or RSA 362-C:5 to approve the agreement and to fix the rates for Public Service Company of New Hampshire or its successor in the manner prescribed in the agreement, or to approve and implement an alternative reorganization plan, or both, […]
362-C:7 Rate Plan for the New Hampshire Electric Cooperative, Inc. – Notwithstanding any other provision of law, the commission shall establish a 5.5 percent temporary rate surcharge to be made effective on January 1, 1990, for the retail electric rates of the New Hampshire Electric Cooperative, Inc., to be held in escrow in the […]
362-C:7-a Transportation of Low-Level and High-Level Radioactive Waste for Disposal Prohibited. – Notwithstanding any law or rule to the contrary, no utility shall transport into the state of New Hampshire any low-level or high-level radioactive waste for disposal in New Hampshire. Source. 1989S, 1:1. 1999, 194:3, eff. Sept. 4, 1999.
362-C:8 Rate Design. – Notwithstanding any law or rule to the contrary, during the fixed rate term of the approved agreement or plan the commission shall not cause the allocation of base rate revenue responsibility among residential, commercial, industrial and municipal customers in effect on September 15, 1989, for the electric customers, serviced by […]
362-C:9 Modifications in Agreement or Plan. – Any modifications to an approved agreement or plan, including its exhibits, made in accordance with such agreement or plan, which potentially could increase rates, fares or charges shall, in addition to any requirements set forth in such agreement or plan, require the approval of the legislature. Source. […]
