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Commission Approves Liberty Utilities (Granite State Electric) Corp.’s Purchase Of Receivables Program
The New Hampshire PUC approved the POR program with the effective dated to be determined during the second phase of the proceeding.
From Order:
[ *** ] We find that the result of the Settlement Agreement is just and reasonable and serves the public interest, because the Settlement Agreement establishes a POR program that will facilitate electric aggregation programs while recovering the Program’s costs from those using it. Other than the proposed May 1 effective date for reconciliation filings, we approve the Settlement Agreement in its entirety. Unless the Commission provides otherwise in a subsequent order, the effective date applicable to reconciliation filings is extended to August 1.
The effective date of the initial POR program will be determined during the second phase of this proceeding. After its commencement of the initial DPR, the Company shall make an annual filing with the Commission on or before March 1 of each year following the initial implementation of the Program. Such filings shall include the calculations for the respective DPRs, the reconciliation for the prior period, documentation supporting all relevant calculations, and the payment date for the following 12-month period.
This proceeding is continued to a second phase in which the Commission will review the Company’s proposed revisions to its ESSMA and Tariff. The Commission will commence this phase of the proceeding by issuing a supplemental order of notice. [ *** ]
Order (08/16/2024)
DE 23-003 (01/10/2023)
(Liberty Utilities (Granite State Electric) Corp. D/B/A Liberty Proposed Purchase Of Receivables Program)
