This bill aims to standardize electricity billing for homeowners associations by ensuring that all residential units, including those with shared meters, are billed at the residential electricity rate. It amends RSA 378:1 to require the public utilities commission to ensure that homeowners associations are billed at the residential rate for all residential units, regardless of whether they have shared meters. Additionally, RSA 378:7 is amended to classify residential units in homeowners associations as residential customers, mandating that billing remains at residential rates even if the homeowners association is the customer.

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 residential meter usage, including septic system and well pump usage, will be divided among the residential units sharing each meter, ensuring an equitable split based on the number of units. The bill is set to 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