Order Nisi Approving Settlement Agreement of Proposed Purchase of Receivables Program

In this order nisi, the Commission approves a settlement agreement between New Hampshire Electric Cooperative, Inc. (NHEC) and the New Hampshire Department of Energy (DOE). The settlement agreement resolves all issues to the reasonable satisfaction of the parties with respect to NHEC’s request for approval of a purchase of receivables (POR) program. This order is issued on a nisi basis, affording notice and opportunity for hearing to the parties in the underlying adjudicative proceeding and other interested persons.

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Commencement of adjudicative proceeding, order on petition for intervention, and notice of prehearing conference

On September 29, 2022, the Commission issued Order No. 26,693, in which it approved the Electric Assistance Program administrative budgets for the program year. In its order, the Commission noted it would issue a separate order on the petition to intervene filed by LISTEN Community Services (LISTEN). In this order, the Commission convenes an adjudicative proceeding in this matter, grants LISTEN’s petition to intervene, and sets a prehearing conference for August 8, 2023.

Order No. 26,693, this order, and all docket filings are available on the Commission’s website at www.puc.nh.gov/regulatory/Docketbk/2022/22-043.html.

READ COMPLETE DOCUMENT HERE