PSNH agrees to cut administrative charges to competing power vendors
In a letter to the PUC on March 12, PSNH acknowledged that there was no basis in actual cost for two of the largest fees and reduced them to zero, pending further review by regulators.
The reduced charges will apply until and unless PSNH prevails in a process that starts with a hearing on permanent rates that is scheduled for June.
The fees at issue are the selection charge, collection charge, and the billing and payment charge.
When a customer switched from one unregulated supplier to another, PSNH was charging each $5 to process the switch. PSNH determined that there are no incremental costs associated with customers switching from (PSNH) service to a supplier, or from supplier to supplier, and is proposing to eliminate the charge.
The collection service charge was essentially a bad-debt fee of 0.25 percent on all collections by PSNH on behalf of unregulated suppliers.
“PSNH found that taking into consideration only the incremental costs associated with supplier services, collections would not meet the requirements of the cost of service study, and thus the company is proposing to remove the collection services charge from its tariff,” stated the letter to the PUC from PSNH attorney Matthew Fossum.
Gus Fromuth, managing partner at PNE, described the results of the PSNH cost-of-service study as “a complete and total victory for PNE in its case against PSNH for overcharging the residential customer switching charges.”
“We are pleased to see the recommended service charge reduced by more than 70 percent and that PSNH has finally acknowledged that there are not incremental costs associated with customers switching from default service to supply companies such as ENH Power,” said Emile Clavet, ENH co-owner. “Should this decision hold, this spring when setting our rates we hope to pass along even greater savings to new customers as well as to our current customers upon renewal.”
READER COMMENTS: 0
- New Derry school year launch honors everyday heroes - 0
- Stevens High School in Claremont to have start pushed back to Sept. 10 because of renovations - 0
- Plymouth State's $32 million health, track facility seen as student draw - 0
- Free school meals rejected as Manchester board bucks federal program - 48
- Proposed hike for Manchester's driver education course reversed - 1
- With SNHU merger on hold, search renewed for NHIA president - 0
- Interim president encouraging student growth at WMCC - 0
- Pinkerton superintendent tours school in hors- drawn carriage - 1
- Granite State Arts Academy in Derry ready to open its doors - 0
READER COMMENTS: 0
- NH Motor Speedway to again host two Sprint Cup Series weekends in 2015 - 0
- St. Anselm football players practice ini August heat - 0
- White, Glenn lift Fisher Cats over Harrisburg, 6-4 - 0
- KSC field hockey first in coaches poll - 0
- New England Patriots guard Mankins traded to Tampa for TE Wright - 0
- NH Fisher Cat Lee still striving for making it to the major leagues - 0
- Former city restaurateur gets jail sentence for sex assault - 0
- Former high school art teacher gets suspended sentence in drug case - 0
- New Manchester school district standards to give teachers more leeway - 0
Market Basket: 'So close, yet so far'
Reports: Market Basket doomsday plan would shutter 61 of 71 stores if deal not struck soon
GOP for legal pot? Hemignway's high help
Ohio's Rob Portman: GOP can win back Senate