New hampshire Regulators to Revisit Eversource Rate hikes Following Criticism
CONCORD, NH – New Hampshire’s Public Utilities Commission (PUC) will reconsider its July decision allowing Eversource to implement notable changes to its rate structure, including annual increases to the residential fixed customer charge. The move comes after mounting criticism from consumer advocates and Governor Chris Sununu, who recently announced she would not renominate PUC Chairman Daniel Goldner.
The July decision authorized Eversource to raise the monthly fixed customer charge – a flat fee paid by all customers regardless of energy usage – from approximately $14 to nearly $20, with planned increases culminating in a roughly $43 charge by 2029. Consumer advocate D. Maurice Kreis has labeled the increases “blatantly illegal,” arguing thay violate state law requiring rates to be “just and reasonable.”
The PUC has requested additional information from consumer groups to further assess the impact of the rate increases on New Hampshire residents. Concerns center on the disproportionate effect on those with fixed incomes, particularly older individuals living alone, according to Christina FitzPatrick, leader of the local AARP chapter.
Beyond the fixed charge increases, the commission also seeks clarification regarding its approval of a new ratemaking system for Eversource.This system, permitted until 2029, utilizes predetermined formulas to calculate rate changes, a departure from the customary requirement for utilities to justify each rate increase with detailed evidence. Kreis and FitzPatrick fear this change will reduce regulatory oversight and potentially lead to higher rates.
Eversource spokesperson William Hinkle stated the company “appreciate[s] the prospect to provide additional information” regarding the complex aspects of the original order.
Governor Sununu’s decision not to renominate Goldner, whose term ended September 15, has fueled speculation about a potential shift in the commission’s priorities. Kreis expressed optimism that the PUC “might be a little more sensitive to ratepayer interests” moving forward.
A decision from the commission is anticipated in November.
