Bill Text - HB1733 (2026)

(New Title) relative to the reconciliation of default electric service rates.


Revision: April 16, 2026, 11:39 a.m.

HB 1733 - AS AMENDED BY THE SENATE

 

5Mar2026... 0752h

04/16/2026   1429s

2026 SESSION

26-2774

06/08

 

HOUSE BILL 1733

 

AN ACT relative to the reconciliation of default electric service rates.

 

SPONSORS: Rep. Harrington, Straf. 18

 

COMMITTEE: Science, Technology and Energy

 

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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.

 

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

5Mar2026... 0752h

04/16/2026   1429s 26-2774

06/08

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Twenty-Six

 

AN ACT relative to the reconciliation of default electric service rates.

 

Be it Enacted by the Senate and House of Representatives in General Court convened:

 

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.

2  Effective Date.  This act shall take effect upon its passage.