Natural gas bills almost double
His appeal appears to have been misplaced, because the PUC actually encouraged Liberty to seek a higher rate.
"After discussions with PUC and the Office of the Consumer Advocate, they recommended we ask for an increase of 18 cents per therm," he continued. "This would reduce the projected under-collection of funds that would need to be recovered during next year's winter season. So we amended our request for increase to 18 cents per therm."
Passing along costs
Liberty serves 86,956 natural gas customers in communities located throughout the Merrimack River valley from Nashua to the Lakes Region, with some in Berlin as well.
Gas utilities are allowed to increase the price without PUC approval by as much as 25 percent between filings, to keep up with prices on the wholesale market, in what are called "trigger filings."
That's money that will be recovered from consumers in rate cases and trigger filings in the months ahead. The PUC encouraged the higher-than-requestd increase to soften the impact on customers by spreading the recovery over a longer period of time.
Utilities like Liberty are supposed to protect consumers from such wild price swings by ordering sufficient supplies well in advance of the heating season, and locking in a good price.
READER COMMENTS: 0
- David Harsanyi: The senators who really threaten America - 1
- Your Turn, NH -- Ted Menswar Jr.: How Manchester pulled together to honor one of its greats - 1
- Jonah Goldberg: Is the Islamic State really un-Islamic? - 1
- George Will: Scotland's epic vote - 1
- Charles Krauthammer: Obama's uncertain trumpet, again - 0
- Maureen McDonald: Ray Rice and the everyday problem of domestic violence - 1
- Another View -- Jason Bedrick: An important court victory for parents and taxpayers - 3
- Thomas Sowell: Mob rule economics is bad for everyone - 8
- George Will: Eviscerating the 1st Amendment is extremism - 5
READER COMMENTS: 0
- Pair accused in Hampstead home invasion also face witness tampering charges - 0
- Gunman hits Circle K convenience store in Durham - 0
- Suicide car bomber kills 3 foreign troops in Afghan capital; Taliban claims responsibility - 0
- City officials to review proposed 'spice' ban - 0
- Widow of chiropractor killed this summer says fatal shooting was no accident - 0
- Manchester's Delana Curtis is left out in the cold - 0
- Another View -- Sharon Day: The Democrats' claim to be the party for women is just not believable - 5
- Dave D'Onofrio's Patriots Notebook: Brady a realist - 0
- Burning rubber: And public dollars - 0
DWI license revocations
Mexican man pleads guilty in international conspiracy to traffic hundreds of pounds of cocaine
Another View -- Sharon Day: The Democrats' claim to be the party for women is just not believable
Strategery: A war by any other name
Freeh dumb: Favoritism in Vt.?
Lawyer wants cellphone evidence thrown out
Deroy Murdock: Stuff the Obama lunch tax