Divestiture http://nhpr.org en Report: PSNH Plants Would Be Worth Little On Open Market http://nhpr.org/post/report-psnh-plants-would-be-worth-little-open-market <p>An <a href="http://www.puc.state.nh.us/Electric/PUBLIC%20VERSION%20PSNH%20Asset%20Valuation%20Report_FINAL.pdf">independent assessment</a> commissioned by electrical regulators has released a preliminary report that finds some of Public Service of New Hampshire’s fossil-fired plants hold little market value. The report agrees with what staff at the Public Utilities Commission said last year.</p><p></p> Wed, 02 Apr 2014 23:24:46 +0000 Sam Evans-Brown 46100 at http://nhpr.org Report: PSNH Plants Would Be Worth Little On Open Market Cold Weather To Boost PSNH Bid To Hang On To Power Plants http://nhpr.org/post/cold-weather-boost-psnh-bid-hang-power-plants <p></p><p><span style="line-height: 1.5;">This winter’s cold weather has proven a boon to Public Service of New Hampshire and its customers. Spikes in the price of natural gas have lifted regional electric prices, making </span>PSNH’s<span style="line-height: 1.5;"> rates competitive again.</span></p><p></p><p>PSNH<span style="line-height: 1.5;"> says during most of the winter it was able to more cheaply produce electricity using its fleet of power plants than buying it on the open market and this saved the company $115 million dollars, savings which will be passed on to customers.</span></p> Tue, 25 Mar 2014 21:40:24 +0000 Sam Evans-Brown 45619 at http://nhpr.org Cold Weather To Boost PSNH Bid To Hang On To Power Plants Groups Agree: Time To Decide What To Do With PSNH Plants http://nhpr.org/post/groups-agree-time-decide-what-do-psnh-plants <p>The New Hampshire House appears poised to send the question of whether the state's largest utility should sell its power plants to regulators.</p><p>In 2012, lawmakers tried to force PSNH to sell its power plants outright, but that effort stalled in the New Hampshire house. So this time around they’ve written a bill that asks the Public Utilities Commission to rule on whether that sale would eventually lower electric rates.</p><p>That bill got near unanimous support during a committee hearing Thursday, including from PSNH itself.</p> Thu, 20 Feb 2014 22:59:42 +0000 Sam Evans-Brown 43901 at http://nhpr.org Lawmakers Look To Keep The Door Open To PSNH Action http://nhpr.org/post/lawmakers-look-keep-door-open-psnh-action <p></p><p>Since June New Hampshire lawmakers have been grappling with what to do about the persistently above market cost of electricity at the state&rsquo;s largest utility, Public Service of New Hampshire. Now the legislative committee wants advice from regulators to see if selling PSNH&rsquo;s power plants is the solution, but that advice may be slow in coming.</p><p></p> Wed, 16 Oct 2013 22:22:32 +0000 Sam Evans-Brown 36896 at http://nhpr.org Lawmakers Look To Keep The Door Open To PSNH Action Outlines Of Plan For PSNH Power-Plants Begin To Emerge http://nhpr.org/post/outlines-plan-psnh-power-plants-begin-emerge <p>New Hampshire lawmakers say new leadership at Public Service of New Hampshire has brought a change of tone. For policy-makers this as a welcome development as they seek a solution to the steady bleed of customers from the state&rsquo;s largest utility.</p><p></p> Mon, 30 Sep 2013 21:28:34 +0000 Sam Evans-Brown 35924 at http://nhpr.org Bid By Resident Power for PSNH Customers Heats Up http://nhpr.org/post/bid-resident-power-psnh-customers-heats <p>&nbsp;</p><p>For customers of the state&rsquo;s largest electric utility, <a href="http://www.psnh.com/For-My-Home.aspx">Public Service of New Hampshire</a>, electric rates are going up this week.<a href="http://residentpower.com/index.php">&nbsp;Resident Power</a>, the new utility in town, is using that fact to beat the drums and let New Hampshire residents know they can save money on their electric bills.</p><p>That could mean trouble down the line for PSNH.</p> Tue, 17 Apr 2012 21:23:50 +0000 Sam Evans-Brown 3181 at http://nhpr.org Bid By Resident Power for PSNH Customers Heats Up