Bill > SB537

This bill repeals Revised Statutes Annotated (RSA) 374:3-a, which currently allows the New Hampshire Public Utilities Commission (PUC) to approve alternative forms of regulation for utilities. Alternative forms of regulation typically refer to regulatory methods that differ from traditional rate-of-return regulation, such as incentive-based or performance-based ratemaking, which can provide utilities with more flexibility in pricing and operations. By eliminating this statutory provision, the bill removes the PUC's authority to implement these alternative regulatory approaches, effectively returning to a more traditional regulatory framework for utility oversight. The bill will take effect 60 days after its passage, giving utilities and the PUC time to adjust to the change in regulatory approach.

Agriculture and Natural Resources

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1358&inflect=2