Staff from the state’s Division of Economic Development along with five New Hampshire small businesses are drumming up sales at the 50th International Paris Air Show this week.
It’s been thunder storming in Paris – that’s the word from the state’s Division of Economic Development. Two of their staff are attending the Paris Air Show this week along with five New Hampshire companies: Corfin in Salem; Transupport in Merrimack; TechResources of Milford; Wire Technologies of Lisbon and RDF Corp of Hudson.
Public Service of New Hampshire is asking regulators if it can lower its rates by nearly 10 percent, or .92 (point-nine-two) cents per kilowatt hour. The rate reduction comes as the state’s largest utility is increasingly under scrutiny for its high rates.
If regulators approve the reduction, PSNH customers will pay 8.62 cents per kilowatt hour. That rate is still more than PSNH’s biggest competitors, two of which offer six month fixed contracts at under 8 cents a kilowatt hour. However, the more competitive price could take some pressure off the utility.
PSNH's rates have trended above the market rate since mid 2009, with a notable spike this year. This has spurred exponential growth in the number of competitors entering the residential market to court rate-payers away from the last N.H. utility to own power plants.
Staff for the agency that regulate electric utilities have released a strongly worded investigation into the effects of cheap natural gas on Public Service of New Hampshire’s electric rates. The report on market conditions suggests the current situation is unsustainable.
The Public Utilities Commission’s report offers several alternatives to the status quo, including PSNH selling all or some of its power plants, or retiring some of them.
New Hampshire likely won't recover all of the jobs it lost in the great recession until 2014. But Massachusetts has already made a full recovery. New Hampshire's Center for Public Policy Studies will present its biannual economic forecast Thursday at the Federal Reserve Bank of Boston.
NHCCPS Economist Dennis Delay describes the New Hampshire forecast as landing somewhere between guardedly positive, and downright disappointing.
After first proposing a $450 million dollar casino at Rockingham Park, Millennium Gaming is now proposing a complex costing, in their words, “north of $600 million.” The redesigned project was unveiled at a Town Hall meeting last night in Salem.
Millennium Gaming brought leaders from Washington County, Pennsylvania to Concord to tout the benefits of a casino to lawmakers at a lunch meeting today. Millennium runs The Meadows casino and racetrack in Washington. If New Hampshire allows a casino at Rockingham Park, Millennium would develop it.
Beginning next month, New Hampshire residents will be able to watch broadcast television on their digital devices, thanks to a controversial new service called Aereo, which is now expanding to Boston and beyond.
A subscription costs a dollar a day, or 8 dollars per month, and will be available in Belknap, Cheshire, Hillsborough, Merrimack, Rockingham and Strafford counties beginning May 15th. Those who have not subscribed already can do so beginning May 30th.
Three New Hampshire companies are receiving capital from a New-Hampshire centered venture fund backed by the state and managed by Borealis Ventures. Get the backstory on the Granite Fund at StateImpact New Hampshire.
The funds are going to Mosaic Archives, a cloud-based photo storage startup in Manchester; Dyn – the fast-growing internet infrastructure company; and Avitide, a Lebanon-based bio-pharmaceutical company.
The automatic federal budget cuts known as “Sequestration” will soon hit the long-term unemployed in New Hampshire. People who remain jobless for more than 26 weeks are eligible for federally-funded emergency unemployment benefits.