HB 496 – AS INTRODUCED
2009 SESSION
08/09
HOUSE BILL 496
AN ACT establishing a limit on the amount of cost recovery for the emissions reduction equipment installed at the Merrimack Station.
SPONSORS: Rep. Hamm, Merr 4; Rep. Sad, Ches 2; Rep. R. Holden, Hills 7; Rep. Leishman, Hills 3; Rep. Shattuck, Hills 1
COMMITTEE: Science, Technology and Energy
A bill establishes a limit on the amount of cost recovery for the emissions reduction equipment installed at the Merrimack Station.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
09-0596
08/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nine
AN ACT establishing a limit on the amount of cost recovery for the emissions reduction equipment installed at the Merrimack Station.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Mercury Emissions; Cost Recovery. Amend RSA 125-O:18 to read as follows:
125-O:18 Cost Recovery. If the owner is a regulated utility, the owner shall be allowed to recover [all] prudent costs up to $250,000,000 of complying with the requirements of this subdivision in a manner approved by the public utilities commission. During ownership and operation by the regulated utility, such costs shall be recovered via the utility’s default service charge. In the event of divestiture of affected sources by the regulated utility, such divestiture and recovery of costs shall be governed by the provisions of RSA 369:B:3-a.
2 Effective Date. This act shall take effect 60 days after its passage.