This bill aims to standardize the electricity billing practices for homeowners associations (HOAs) by ensuring that all residential units, including those with shared meters, are billed at the residential electricity rate. The bill amends RSA 378:1 to mandate that the public utilities commission guarantees this billing standard for all residential units. Additionally, it modifies RSA 378:7 to classify residential units in HOAs as residential customers, ensuring that they receive the appropriate residential rates regardless of whether the HOA is the customer or if shared meters are utilized.

Furthermore, the bill introduces a new section, RSA 378:26-a, which establishes a chargeback system for shared meter usage. This system stipulates that the costs associated with shared meters, including those for septic systems and well pumps, will be divided among the residential units sharing the meter, ensuring an equitable distribution of costs. The act will take effect 60 days after its passage and is noted to have no fiscal impact on state, county, or local expenditures or revenue.

Statutes affected:
Introduced: 378:1, 378:7