This bill seeks to repeal the existing authority granted to the public utilities commission that allows for the approval of alternative forms of regulation for regulated utilities. Specifically, it targets RSA 374:3-a, which pertains to alternative forms of regulation and incentive regulation, and completely removes this provision from the law.

The bill will take effect 60 days after its passage, effectively eliminating the commission's ability to implement or endorse alternative regulatory frameworks for utilities, thereby reverting to previous regulatory practices.

Statutes affected:
Introduced: 374:3-a