New Hampshire HB1539 authorizes electric utilities to issue AAA-rated bonds for storm cost recovery and infrastructure resilience.

New Hampshire HB1539 amends RSA 369-B to allow electric utilities to issue rate reduction bonds for storm cost recovery and infrastructure resilience. The Public Utilities Commission can approve adjustments to the RRB charge to ensure timely recovery of all RRB costs, including capital costs and bond issuance expenses. The commission can issue finance orders for rate reduction bonds if it finds the issuance is in the public interest. Electric utilities can apply for finance orders to fund storm costs, with a decision from the commission within 180 days.

New Hampshire HB1539 authorizes electric utilities to issue AAA-rated bonds for storm cost recovery and infrastructure resilience.

New Hampshire HB1539 amends RSA 369-B to allow electric utilities to issue rate reduction bonds for storm cost recovery and infrastructure resilience. The Public Utilities Commission can approve adjustments to the RRB charge to ensure timely recovery of all RRB costs, including capital costs and bond issuance expenses. The commission can issue finance orders for rate reduction bonds if it finds the issuance is in the public interest. Electric utilities can apply for finance orders to fund storm costs, with a decision from the commission within 180 days.