PSNH asked the Public Utilities Commission for a ten percent decrease in the price it charges for electricity. But any savings consumers might see would be eaten up by a simultaneous increase in the Stranded Cost Recovery charge.
The Regional Greenhouse Gas Initiative faces an uncertain future in some states. New Jersey plans to end its participation and New Hampshire has considered legislation that would do the same.
But a new analysis shows the carbon dioxide cap and trade program has saved consumers money and created jobs. Under the program, power producers buy pollution allowances at auction for each ton of carbon dioxide they emit.