PUC report says PSNH should sell its plants and the public should pay
Electricity customers in the state just recently finished paying their share of PSNH losses from the sale of the Seabrook Nuclear Power Plant more than a decade ago, and now would acquire a new stranded cost charge for divestiture of the remaining power plants if the PUC issues such an order, and it survives possible court challenges.
The PUC report conceded that PSNH ownership of the power plants helped control energy costs for New Hampshire consumers during the bitterly cold winter, but added, "It is important to not view the issues based only on current events."
"That's being dismissive of some very serious warnings that the power grid operator is providing to regional leaders and to federal authorities as recently as yesterday," he said. "There are very serious times ahead, and the impact and the variables can't be known with certainty. There's got to be a very comprehensive and thoughtful discussion about what we ought to do to ensure that customers are protected."
READER COMMENTS: 0
- Study would make Nashua less of a one-way ride - 0
- Keene officials recommend clearing Robin Williams memorial before Pumpkin Festival - 2
- Salem officials mum on police chief suspension; selectman alleges vulgar insult at meeting - 11
- Nashua to use surplus to reduce tax rate - 0
- Franklin school-city consolidation to be studied further - 0
- Nashua aldermen override mayor's veto on police contract that will raise patrolman salaries - 0
- Manchester officials searching for central preschool facility building - 2
- After 12 years, Derry CFO steps down from position - 0
- Alleged conflict of interest among Timberlane board member's issues - 0
READER COMMENTS: 0
- Nashua man accused of cutting wife’s throat committed to psychiatric hospital - 1
- Two may have stabbed each other in Concord parking garage incident, police say - 0
- Manchester joyride in a stolen truck lands two in handcuffs - 0
- High School Football Power Poll: Some shuffling in the middle - 0
- License revocations for DWI announced - 0
- Pamela Diamantis: USNH’s tuition freeze offer is good for NH’s future - 1
- Crosstown Variety Store robbed in Manchester - 0
- Dave D'Onofrio: A well-earned celebration for Sox. - 0
- A’s earn their way into postseason play - 0
Dover man's nightmare lesson for everyone
Fall hikers throughout NH put on notice
'Strange ideas' Banning guns made in NH
Personhood Controversial? Really?
License revocations for DWI announced
Dredging planned for Milford's Osgood Pond