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Unitil’s Default Energy Service For Six-Month Period Approved
In New Hampshire the Commission issued an Order No. 27,086 authorizing Unitil Energy Systems, Inc. (UES or the Company) to recover the costs of power supply through default energy service rates1 for effect for the six-month period of February 1, 2025, through July 31, 2025.
“This order requires UES to prepare a final recalculation, and updated Tariff pages, for its energy service rates effective February 1 by December 20, 2024, to incorporate a Commission ruling, presented in this Order, regarding prior-period under-collections for the Company’s Small, Medium, and Large Customer groups. This order approves the Company’s energy service solicitations, resulting contracts, Lead-Lag Study elements, and administrative cost calculations; once UES makes its updated December 20 filing, the Commission expects to issue an Order Nisi in December approving the energy service rates, associated Renewable Energy Credit (REC) calculations and price estimates, Time-Of-Use (TOU) rate adjustments, and other ancillary adjustments, well in advance of their February 1 effective date. Bill-impact information will be provided by the Commission within that Order. For illustrative purposes, the final energy service rate for UES’s Small Customer Group, which includes residential customers taking energy service from UES, is expected to be somewhat less than 8.616 cents per kilowatt-hour, which represents a decrease in in energy supply costs of approximately 18 percent for these customers.”
“The Commission also approves UES’s market-based ISO-New England procurement tranche of 30 percent of Small and Medium customer group load, and associated Tariff features, see Hearing Exhibit 8, as initially approved by the Commission in Order No. 27,059 (October 7, 2024), in this instant docket. In response to an indication by the Company that it wishes to embark upon a 100 percent ISO New England market-based procurement approach for its Large (Rate G1) customer group for the next energy service procurement period, with a proposal to be made by the Commission by January 31, 2025, this order requires UES to make that filing, and also requires UES to prepare a filing to the Commission, also to be submitted by January 31, delineating how it will accommodate an expanded ISO-New England market-based procurement component for its upcoming August 2025-January 2026 energy service period for its Small and Medium customer groups, as noted later.” {***}
Order No. 27,086
2024 Default Service Solicitations, Order Approving Solicitations; Establishing Deferral Accounts for Reconciliation-Related Balances; Requiring Re-Filing of Default Service Rates by December 20, 2024; and Requiring Filing of Company Proposal for Expanded Market-Based Procurements by January 31, 2025 – Unitil
