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NHPUC Approves Community Power Aggregation POR Program
Category: Uncategorized
NHPUC issued order nisi approving the September 29, 2024, settlement agreement. Comments on NHPUC’s order nisi due by March 29, 2024. And reply comments due by April 5, 2024.
As reported previously, the settlement provisions include the following:
- NHEC will enroll any Community Power Aggregation (CPA) and electric supplier that elects to use consolidated billing for its customers in the POR program;
- A CPA or supplier that chooses consolidated billing and is enrolled in the POR Program will receive guaranteed payments from NHEC for its billed energy supply charges;
- NHEC will make a single monthly payment to the CPA or supplier during the last week of the calendar month for all POR members billed on their behalf during the prior calendar month;
- Monthly payments to suppliers will be reduced by the discount percentage rate, which will comprise an uncollectible percentage (“UP”) component and an administrative cost percentage (“ACP”) component;
- The ACP component of NHEC ‘s proposed DPR will reflect the costs specific to the implementation of the POR program, amortized over a five-year period; and
- Upon completion of software changes and implementation of the POR program, NHEC will remit any existing accounts receivable balances owed to CPAs and suppliers for services provided prior to that time, less the DPR.
Settlement Agreement (03/19/2024)
DE 23-001 (01/09/2023)
