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NH PUC Directs Eversource to File Proposal to Serve At Least 30% Of Mass Market SOS Load Under ISO Market Purchases
“This order authorizes Public Service Company of New Hampshire d/b/a Eversource Energy (Eversource or the Company) to recover the costs of power supply through energy service (ES)1 rates for effect for the six-month period of August 1, 2024, through January 31, 2025.
For illustrative purposes, the updated ES rate for Eversource’s Small Customer Group, which includes residential customers taking energy service from Eversource, is expected to be approximately 10.458 cents per kilowatt hour (kWh), which represents an increase in energy supply costs of 26.2 percent for these customers.
This order requires Eversource to prepare a final recalculation, and updated Tariff pages, for its ES rates effective August 1 by July 10, 2024, to incorporate a Commission ruling regarding a prior-period under-collection arising in the Company’s Large Customer Group. This order approves the Company’s energy service solicitations, resulting contracts, and Lead-Lag Study elements; once Eversource makes its updated July 10 filing, the Commission expects to issue an Order Nisi in July approving the ES rates, and associated Renewable Energy Credit (REC) calculations and price estimates, well in advance of their August 1 effective date. Bill-impact information will be provided by the Commission within that Order.
The Commission also approves Eversource’s market-based ISO-New England procurement tranche of 12.5 percent of Small Customer Group load, and associated Tariff features, as initially approved by the Commission in Order No. 26,994 (April 12, 2024), in Docket No. DE 23-043. The Commission orders Eversource to make a certain adjustment to its calculations related to the Proxy Price for this component as part of its filing to be made by July 10. This order also requires Eversource to prepare a filing delineating how it will accommodate an expanded ISO-New England market-based procurement component in its upcoming February-July 2025 energy service, with further modifications to the proxy-price structure to be included in this proposal.”
Eversource Energy Exhibit and Witness List (06/14/2024)
Cover Letter (06/13/2024)
Petition (06/13/2024)
Testimony of Luann J. Lamontagne and Parker Littlehale
Attachments-L. Lamontagne and P. Littlehale
Testimony of Yi-An Chen and Scott R. Anderson
Attachments-Y. Chen and S. Anderson
DE 24-046
Eversource Energy Petition for Adjustment to Energy Service Rates for Effect on August 1, 2024
