Revision: April 25, 2023, 11:15 a.m.
Rep. Vose, Rock. 5
Rep. D. Thomas, Rock. 16
Rep. McGhee, Hills. 35
April 17, 2023
2023-1399h
10/05
Amendment to SB 113-FN
Amend the title of the bill by replacing it with the following:
AN ACT relative to the electric utility system benefits charge.
Amend the bill by inserting after section 1 the following and renumbering the original section 2 to read as 3:
2 System Benefits Charge; Adjustment; Energy Efficiency Portion. Amend RSA 374-F:3,VI-a(d) (2) to read as follows:
(2) System benefits charge and local distribution adjustment charge funding levels. For the year 2022, the energy efficiency portion of the system benefits charge shall be set at the level for 2020 authorized in Order No. 26,323 dated December 31, 2019. The energy efficiency portion of the local distribution adjustment charge shall be set at the level for 2020 authorized in Order No. 26,306 dated October 31, 2019, for Liberty Utilities (Energy North Natural Gas) Corp. and in Order No. 26,303 dated October 29, 2019, for Northern Utilities, Inc. The energy efficiency portion of the system benefits charge and local distribution adjustment charges shall adjust annually beginning January 1, 2023, and shall be calculated using the most recently available 3-year average of the consumer price index (CPI-W) as published by the Bureau of Labor Statistics of the United States Department of Labor [plus 0.25 percent all as calculated] as determined and verified by the department of energy. Utilities subject to commission rate regulation shall submit tariff amendments altering solely the system benefits charge and local distribution adjustment charge as described, reconciled for over and under collections already occurred, as soon after the effective date of this subparagraph as possible, and every December 1 for the upcoming year thereafter.
2023-1399h
AMENDED ANALYSIS
This bill clarifies the public utility commission's review of criteria for cost effectiveness in the joint utilities energy efficiency plans, and changes the calculation of the energy efficiency portion of the system benefits charge.