Revision: April 13, 2026, 12:12 p.m.
Senate Energy and Natural Resources
April 9, 2026
2026-1429s
12/04
Amendment to HB 1733
Amend the title of the bill by replacing it with the following:
AN ACT relative to the reconciliation of default electric service rates.
Amend the bill by replacing section 1 with the following:
1 Restructuring Policy Principles. Amend RSA 374-F:3, V(e) to read as follows:
(e) Notwithstanding any provision of subparagraphs (b) and (c), as competitive markets develop, the commission may approve alternative means of providing transition or default services which are designed to minimize customer risk, not unduly harm the development of competitive markets, and mitigate against price volatility without creating new deferred costs, if the commission determines such means to be in the public interest. No reconciliation of actual and estimated wholesale power supply costs incurred by a utility to provide default service shall be recovered through a non-bypassable charge, except in extraordinary circumstances as found to exist by the commission through an adjudicative proceeding.
2026-1429s
AMENDED ANALYSIS
This bill prohibits utilities from collecting default electric service cost reconciliations through non-bypassable charges except when the commission, through an adjudicative proceeding, finds extraordinary circumstances.