This bill seeks to repeal the authority of the public utilities commission to approve and implement alternative forms of regulation for investor-owned electric and gas utilities. Specifically, it targets RSA 374:3-a, which pertains to alternative forms of regulation and incentive regulations, effectively eliminating the commission's ability to utilize these methods outside of traditional cost-of-service, rate base, and rate of return approaches.

The bill will take effect 60 days after its passage, marking a significant shift in how investor-owned utilities are regulated in the state. By removing the provision for alternative regulatory frameworks, the bill aims to revert to more conventional regulatory practices, potentially impacting the operational flexibility of these utilities.

Statutes affected:
Introduced: 374:3-a