municipalities

PSNH
5:16 pm
Mon March 26, 2012

Major Business and City Leaders Oppose Move To Get PSNH To Sell Power Plants

A house bill that would consider giving the Public Utilities Commission authority to force PSNH to sell its power plants to open up market competition is getting vocal opposition from business leaders and mayors in the state.

Berlin Mayor Paul Grenier says the move will raise electric rates and scare businesses away from his community.

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NH News
5:38 pm
Thu November 10, 2011

Regulators Want LGC to Turn Over Control To Neutral Party

State regulators suggested the Local Government Center turn over control of its operation and assets to a neutral party.

The Securities Bureau Director says that’s the best way to address fundamental problems within the organization.

The Local Government Center, the group that provides insurance to cities and towns, faces four charges it violated state laws.

The Securities bureau alleges that LGC owes municipalities upwards of $100 million dollars.

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