New Hampshire Business Newreel
April 01. 2013 8:18PM
Liberty Utilities asks for rate increase
SALEM - Liberty Utilities has submitted a rate filing with the New Hampshire Public Utilities Commission requesting permission to increase rates for electric distribution service.
Liberty Utilities serves 43,000 electric customers located in 23 communities in the western and southeastern areas of the state. The increase, which the company said would help pay for capital investment and storm recovery preparation, would be the utility's first since 1996.
If the PUC approves the request, the bill for a typical residential customer using 500 kWh of electricity per month would increase by $12.91, the company said.
Liberty is asking to increase its annual distribution revenues by approximately $15.4 million - an 18 percent increase in total operating revenues. A temporary rate increase of approximately 60 percent of the full requested amount is also being sought.
Subject to the approval of the PUC, those rates would go into effect on July 1 and remain in effect until the case is concluded.
Customers can visit www.libertyutilities.com or call 1-800-375-7413 for more information.
RBS Citizens grants total $2 million
MANCHESTER - RBS Citizens Financial Group marked the beginning of National Financial Literacy Month on Monday by announcing $2 million in grants to nonprofit financial education programs in communities served by Citizens Bank, RBS Citizens and Charter One.
In unveiling its new Citizens Helping Citizens Teach Money Management program, the bank said it will deliver $1 million to local nonprofits this month, with the remaining $1 million to follow through the year.
Between this financial support and related volunteer efforts, RBSCFG this year will contribute to the financial education of more than 100,000 consumers and small businesses, the company said. Citizens Helping Citizens Teach Money Management also will include efforts to support the financial education of customers and communities through financial tips and other information shared online, in branches and in social media.
In New Hampshire, Citizens Bank is partnering with the Granite United Way to support its financial stability initiative, which launched in February, by offering Volunteer Income Tax Assistance sites across the state providing free tax prep and financial counseling services for low and moderate income individuals.
More information is available at http://www.citizensbank.com/community/.
Exeter chamber?presents awards
EXETER - The Exeter Area Chamber of Commerce celebrated its Business of the Year Awards on Friday at the Sheraton Harborside in Portsmouth.
The recipients represented a variety of business categories:
Education: Great Bay eLearning Charter School
Non-profit: Exeter Rotary Club
Business services: Leone, McDonnell & Roberts, P.A.
Tourism/hospitality: Karimah's Kitchen
Retail and wholesale under 25 employees: Water Street Bookstore
Retail and wholesale over 25 employees: Churchill's Garden Center
Financial services and insurance: Optima Bank & Trust Co.
In addition, the Exeter Area Citizen of the Year Award was presented to Langdon Plumer of Exeter Lions Club. Plumer played an integral role in bringing the Seacoast School of Technology into the Exeter community.
The Lori Breard Achievement in Leadership Award was presented to Pam Cameron of Better Homes & Garden/The Masiello Group in Exeter.
The 2012 President's Award was presented to Murph Henderson.
Past board chairman Jonathan Ring of Jones & Beach Engineers presented the 2012 Chairman's Award to Allison Field of The Provident Bank.
Littleton cafe and bakery changes hands
LITTLETON - Miller's Fare Café & Bakery in Littleton recently transferred ownership from longtime, original owner Dave Eyler to industry veterans Andy Kilmer and Ann Bocash.
The cafe, located in the Grist Mill complex along the banks of the Ammonoosuc River, has been operating for 15 years. Eyler decided it was time to pursue another career, and will soon begin working for Passumpsic Financial Advisors as a retirement/trust consultant based at its Littleton branch on Meadow Street.
Peabody & Smith Realty Commercial Broker Mary Doherty represented Dave Eyler in this transaction and assisted Andy Kilmer and Ann Bocash.