NH Electric Co-op - Good Governance Petition

[John Mercier]

Was the NHEC ever regulated by the State?
I know publicly-traded utilities are.

[mishman]

I could not agree more that we need NHEC to be more transparent. I hope everyone who is a NHEC member will take the one minute to sign the petition(see the link in Leo Dwyer's letter above) and then vote in favor of the amendment later this spring.

[The Real BigGuy]

Originally Posted by John Mercier

Was the NHEC ever regulated by the State?

I know publicly-traded utilities are.

No. NHEC is privately owned by its members and is not, & to the best of my knowledge, has never been publicly traded.


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[John Mercier]

I was wondering if it ever fell under the PUC regulatory board.

Tummyman suggested that it had and was now deregulated...

[tummyman]

From NH Dept.of Energy...

The Department of Energy and the New Hampshire Public Utilities Commission regulate the services and rates of electric utilities.

Four electric distribution companies operate in New Hampshire, each serving a mutually exclusive franchise territory. They include Public Service Company of New Hampshire d/b/a Eversource Energy (Eversource), Liberty Utilities (Granite State Electric) Corp. d/b/a Liberty Utilities (Liberty) Unitil Energy Systems, Inc. (UES) and the New Hampshire Electric Cooperative, Inc. (NHEC). NHEC, a rural electric cooperative for which a certificate of deregulation is on file with the Commission, is not considered a public utility, but it must comply with certain laws and rules applicable to the other three electric distribution companies.

[tummyman]

And here is the link to the actual agreement between NHEC and NH PUC.

https://www.puc.nh.gov/regulatory/Or...ers/25645e.pdf

[John Mercier]

I just didn't know the history.

I wonder why they thought it a good idea?

My understanding is that based on your location, you can't opt for a different transmission company.

[sunfishman]

From whom does Wolfeboro Electric purchase their electricity. They are not mentioned as one of the four suppliers in Tummyman's post.

[John Mercier]

Tummyman posted the owners of the transmission lines.
Suppliers of the actual electricity are completely different.

Even Eversource does not supply the electricity, it just transmits it from the generator to the consumer.

[tis]

Originally Posted by sunfishman

From whom does Wolfeboro Electric purchase their electricity. They are not mentioned as one of the four suppliers in Tummyman's post.

I'm pretty sure it's Eversource (Public Service). They usually get a multi year contract. They used to generate their own power back in the day. The power plant is on Lehner St.