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1 Public Utilities Commission; Restructuring of PSNH Ownership of Generation Assets; Recovery of Costs. Amend 2015, 221:14 to read as follows:
221:14 Public Utilities Commission; Restructuring of PSNH Ownership of Generation Assets; Recovery of Costs. Notwithstanding RSA 374-F:3, V(c), the commission may approve recovery of net over-market costs of purchased power agreements entered into pursuant to RSA 362-F:9 and approved by the commission after July 9, 2015 through a stranded cost charge as part of a comprehensive restructuring of PSNH's ownership of generation assets. Any cost associated with purchased power agreements approved by the commission prior to July 9, 2015 shall only be collected through the default service charge and any portion of a commission order authorizing any other method of collection of costs shall be null and void.
2 Effective Date. This act shall take effect 60 days after its passage.
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1 Public Utilities Commission; Restructuring of PSNH Ownership of Generation Assets; Recovery of Costs. Amend 2015, 221:14 to read as follows:
221:14 Public Utilities Commission; Restructuring of PSNH Ownership of Generation Assets; Recovery of Costs. Notwithstanding RSA 374-F:3, V(c), the commission may approve recovery of net over-market costs of purchased power agreements entered into pursuant to RSA 362-F:9 and approved by the commission after July 9, 2015 through a stranded cost charge as part of a comprehensive restructuring of PSNH's ownership of generation assets. Any cost associated with purchased power agreements approved by the commission prior to July 9, 2015 shall only be collected through the default service charge and any portion of a commission order authorizing any other method of collection of costs shall be null and void.
2 Effective Date. This act shall take effect 60 days after its passage.