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Bill to tighten review of transmission 'asset condition' projects aims to curb unchecked costs
Summary
SB 518 would create criteria for the Site Evaluation Committee to vet transmission asset‑replacement projects, requiring proof of underlying deterioration and consideration of lower‑cost alternatives. Supporters cite a lack of oversight on asset‑condition projects; industry warns added review could delay critical work and raise costs.
Senator Kevin Avard presented SB 518 to establish a certification and review process for qualified transmission asset replacement projects. Dan Phelan of the New Hampshire Department of Energy described ‘‘asset condition’’ work — widespread replacement and upgrades of poles and other transmission equipment — and argued there has been limited oversight of such projects, resulting…
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