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Bill to repeal alternative regulation statute prompts industry and consumer tradeoffs
Summary
SB 537 would repeal the statute enabling the Public Utilities Commission to approve alternative forms of regulation. The Department of Energy sought clarification; utilities warned repeal would remove tools that can be tailored to promote affordability, while the consumer advocate urged surgical fixes rather than repeal.
The committee heard testimony on Senate Bill 537, which would repeal statutory language authorizing ‘‘alternative forms of regulation’’ for utilities. Josh Elliott of the New Hampshire Department of Energy said the intent is to clarify that any performance‑based or alternative mechanisms remain subject to traditional prudence and ‘‘used and…
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