New Hampshire SB597 establishes performance incentive mechanisms for utilities and restricts energy rate increases.

New Hampshire SB597 mandates the Public Utilities Commission to evaluate and establish performance incentive mechanisms for electric and gas utilities, linking their revenues to achieving specific performance metrics. The bill also restricts energy rate increases to no more than 4 percent after adjusting for inflation. The commission is directed to consider factors such as baseline performance, existing infrastructure, and data systems when implementing these mechanisms.

New Hampshire SB597 establishes performance incentive mechanisms for utilities and restricts energy rate increases.

New Hampshire SB597 mandates the Public Utilities Commission to evaluate and establish performance incentive mechanisms for electric and gas utilities, linking their revenues to achieving specific performance metrics. The bill also restricts energy rate increases to no more than 4 percent after adjusting for inflation. The commission is directed to consider factors such as baseline performance, existing infrastructure, and data systems when implementing these mechanisms.