Bill > HB537

This bill addresses electric rates and regulations for condominium associations in New Hampshire by making three key changes. First, the bill modifies condominium instrument requirements to explicitly state whether commercial or business enterprises are permitted in a condominium development. Second, it mandates that public utilities file rate schedules ensuring that condominium associations without commercial enterprises are charged the same electric rates as residential units, specifically for domestic septic and well-pump electric usage. Third, the bill extends certain regulatory provisions to rural electric cooperatives by adding a reference to the new electric rate section (378:6-a) in the list of applicable regulations, even for cooperatives with a deregulation certificate. The legislation aims to provide more consistent and potentially more affordable electricity rates for residential condominium associations by preventing utilities from charging different rates based on the association's organizational structure. The bill will take effect 60 days after its passage, giving utilities and condominium associations time to adjust to the new requirements.

Business and Industry

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=892&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB537