Cheap natural gas prices have led to a boom in the construction of gas generating power plants. That combined with market deregulation in New England have set the stage for some tumultuous times in the New England electricity market for years to come.
Many Granite State electric customers are scratching their heads after an electricity supplier, Power New England, was abruptly kicked out of the market two weeks ago. Customers of Power New England and its sister company, Resident Power, have had to try to sort out what's going on from media reports where utilities and power suppliers are slinging accusations back forth indiscriminately.
So here’s a breakdown of what has happened to date.
Our reporters at StateImpact NH have the latest on a study from the Center for Public Policy Studies that finds a casino in New Hampshire may be a wash -- when it comes to balancing tax revenue with social costs.
For background information on all three casino bills proposed this session, read up here.
About 120,000 Granite Staters -- almost 10 percent of the state’s population -- are members of an LLC, or Limited Liability Corporation. But too many LLCs fail because of internal disputes, says John Cunningham, a Concord lawyer and expert on LLCs. On January 1, a revised LLC act that was signed by Governor Lynch in June will go into effect. Cunningham -- who was the principle author of the original LLC law and chaired the committee that wrote the new act -- says the new law sets out to reduce disputes between LLC members by clarifying their responsibilities. He gives this example:
Just as New Hampshire’s baby boomers are aging out of the workforce, the state’s used-to-be steady stream of educated newcomers just aren’t moving here at the same rates. This collision of factors strains state’s economy. That’s why – at the Division of Economic Development’s annual meeting – business and employee recruitment was a major topic of discussion.
It used to be all farmers needed was some land, some seed, a little luck and a lot of hard work to be successful. Today's farmer needs all of that plus social media skills, marketing savvy and a business plan.
If Congress cannot agree on a deficit reduction deal by January, a series of automatic tax increases and spending cuts known as the “fiscal cliff” will kick in. Today, a national bipartisan has launched in New Hampshire to make sure that doesn’t happen.
After a bipartisan debt-reduction plan commissioned by President Obama failed to gain support in Congress, its authors – Republican former Senator Alan Simpson and Democrat Erskine Bowles – went grassroots. They started the Fix The Debt Campaign -- a national group with state chapters.
More aging adults are stepping out on a limb and starting their own businesses, says a report from the Kauffman Foundation. In New Hampshire, the Small Business Association and AARP are working together to make sure these so-called “encore entrepreneurs” have the tools they need.
The recession had hit by the time Joyce Goodwin finished her temporary position as director of a school in Hudson. She was 54, and couldn’t find another job.
All it takes to enter a time warp in New Hampshire is $15 and a summer afternoon. Spanning more than 250 years of American history, Strawbery Banke is the oldest neighborhood in the state's oldest city, Portsmouth.
It's kind of like Virginia's Colonial Williamsburg — lite. Stationed inside many of the 37 homes are re-enactors in different period garb. Inside a hulking white house, it's 1872.
When celebrated Concord resident and high school teacher Christa McAuliffe died in the Challenger explosion in 1986, an out-of– state donor offered $500,000 to build a monument in downtown Concord. As then-mayor Jim MacKay remembers, the city declined. Instead, the state built a planetarium. Today – 26 years after the state opened the McAuliffe Planetarium — the facility is on its way to becoming a private, nonprofit institution.
It may not always feel this way, but New Hampshire’s economy is doing better than almost anywhere in the U.S. The state’s 5 percent unemployment rate is lower than all but five other states. However, some parts of the state are doing better than others. NHPR’s Amanda Loder interviewed people across the state’s seven regions to get a sense of what New Hampshire’s economic recovery looks like in 2012. Listen to voices of New Hampshire's economy and share your story in an interactive audio experience.
As part of StateImpact NH's weekly “Getting By, Getting Ahead” series, Amanda Loder is travelling across New Hampshire, gathering personal stories from the people behind the economy. In part three, we visit a biotech start-up in the Dartmouth-Lake Sunapee region. You can find all series stories on the StateImpact NH website.
Tuesday, the New Hampshire Charitable Foundation celebrates its 50th year in operation. NHCF has staff in each region of the state, and raises funds from individuals, organizations and corporations, making approximately $30 million in nonprofit grants and scholarships annually.
Nationally, there are about 600,000 unfilled factory jobs. But despite high unemployment, these jobs are proving all-but-impossible to fill, even in New Hampshire. For one thing, most people don’t have the skills. And many companies are handing over the training, and cost, of potential new workers to community colleges. But that still doesn’t guarantee it will lead to new hires.