Hearing focuses on whether PSNH should close its generating facilities
“Rather than beat up on PSNH and take money away, why not work together to put New Hampshire in the best position right now,” Long said. “Let’s build something, not destroy it.”
PSNH is recovering the cost of a $425 million scrubber that removes emissions from Merrimack Station in Bow. Mostly residential customers pay for the scrubber, driving up the rates for those who buy electricity from PSNH.
Sen. Jeb Bradley, R-Wolfeboro, one the architects of the state’s deregulation law, noted everyone would probably agree now that the scrubber was clearly a mistake and argued the safety net for residential customers is fraying.
He said the costs of the scrubber should be spread across all its 450,000 customers, not just those buying power from the company. And he also targeted a provision in the restructuring law that requires PSNH to absorb competitors’ billing costs. Changes in those two instances could lower the cost of electricity for PSNH customers by 2 cents a kilowatt hour, which would be as low or lower than its competitors, Long said.
Long said the law is clear; the scrubber was a mandate and the company could recover all the cost. He noted lawmakers could do something about the rates, but do not appear to be interested.
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