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PUC Initiates Proceeding to Consider Future Treatment of Utility’s Default Service

Category: New Hampshire
Related Categories: Default Service, Electric, Liberty Utilities

On July 29, 2026 the New Hampshire Commission issued a Supplemental Order of Notice in Liberty’s default service proceeding.

“By this Supplemental Order of Notice, as indicated by the Commission in Order No. 28,231 (June 18, 2026), issued in this instant docket regarding Liberty Utilities (Granite State Electric) Corp. d/b/a Liberty (Liberty, or the Company) default energy service (Default Service) rates for effect on August 1, 2026, the Commission opens a further phase of Liberty’s Default Service proceeding to examine questions related to Liberty’s Default Service proxy-price development methodology and Default Service reconciliations, as delineated below. The Commission hereby schedules a hearing for November 17, 2026 at 10:00 a.m. regarding these matters.”

“By this Supplemental Order of Notice, pursuant to RSA 365:5, RSA 374:4, RSA 374:2, RSA 374:F-3, V(c)-(e), RSA 378:5, and RSA 378:7, the Commission opens a further phase of this instant proceeding to consider the following discrete additional issues: (1) whether the proxy-price development methodology for the ISO-New England market-based procurement components for Liberty’s Default Service rates should be adjusted from the current approved methodology to incorporate a market-futures based pricing element going forward; (2) whether the Default Service reconciliation cycle for Liberty should be shortened from the current twelve (12) months to a semi-annual six (6) month reconciliation cycle; (3) the provenance and accuracy of the current Liberty Default Service reconciliation balances, and whether these balances should be adjusted due to accounting errors or other sources of mis-allocation; and (4) discussion of the best means of working out these reconciliation balances in the Company’s rates. These issues will be addressed in this further phase of this adjudicative proceeding. In order to safeguard the orderly and prompt conduct of these proceedings, the Commission will not consider additional issues in this further phase of this proceeding. In the interest of judicial economy, the Commission hereby fixes the final hearing date for this phase of the proceeding in November as ordered below and orders the parties to commence the development of a procedural schedule proposal as also indicated below but will not schedule a prehearing conference for this phase of the proceeding.”

“The Commission hereby orders that Liberty collaborate with the parties to this proceeding in the development of a procedural schedule proposal to be filed for the Commission’s consideration not later than September 1, 2026. The Commission expects that this procedural schedule will include scope for discovery, technical sessions, and the filing of party testimony regarding the above-delineated issues within the requirements of the Commission’s procedural rules.”