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Electric cooperative opposes triennial deregulation filing bill, warns of added costs
Summary
Representatives and the New Hampshire Electric Cooperative (NHEC) debated House Bill 95, which would require NHEC to file a certificate of deregulation every three years. NHEC leaders and the Public Utilities Commission staff said the bill is unnecessary; the committee held the public hearing but did not record a final vote that day.
Representative Wendy Thomas introduced House Bill 95, asking that the New Hampshire Electric Cooperative (NHEC) be required to file a certificate of deregulation with the Public Utilities Commission (PUC) every three years so members regularly review the cooperative's regulatory status.
"Filing a certificate ensures that the cooperative regularly reviews its regulatory status and communicates its operational choices to members," Representative Wendy Thomas said, framing the proposal as a transparency and member-accountability measure.
NHEC interim president and CEO Michael Jennings and board chair William Darcy testified in opposition. Jennings said members already retain the right to…
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