Revision: March 10, 2025, 10:09 a.m.
Rep. Harrington, Straf. 18
March 4, 2025
2025-0711h
06/05
Amendment to HR 15
Amend the bill by replacing all after the enacting clause with the following:
Whereas, new and upgraded electric utility projects in New Hampshire for distribution system work are reviewed by the public utilities commission to ensure that the costs are just and reasonable, and only those costs found to be just and reasonable are recoverable from New Hampshire ratepayers; and
Whereas, the transmission utilities in New England are planning to spend billions of dollars maintaining and updating existing transmission projects, known as "asset conditioning," as well as building new transmission projects; and
Whereas, the Federal Energy Regulatory Commission (FERC) regulates these transmission projects under a policy known as a "presumption of prudence," which provides that all costs associated with these transmission projects are presumed to be just and reasonable and 100 percent recoverable from ratepayers, unless proven otherwise; and
Whereas, under existing policy the entire costs of these projects will be paid by the electric ratepayers of New England with New Hampshire ratepayers paying approximately 10 percent of the total cost, therefore, be it
Resolved by the House of Representatives:
That the general court of New Hampshire hereby urges our elected members of the United States Congress to take whatever actions are possible to change FERC’s policies so that only those costs associated with new or upgraded electric transmission projects that are found to be just and reasonable by FERC can be collected from ratepayers.