NH Electric Cooperative

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The New Hampshire Supreme Court has settled a dispute between towns and electric companies in the state over how to appraise the value of land used by utilities.

Last Friday, the state’s highest court ruled in favor of 60 towns across New Hampshire that argued they should be the ones to appraise the land used by utilities in their towns.

Power companies Eversource and New Hampshire Electric Coop argued that a different appraisal of the property, done by the state, is more accurate.

That state appraisal would result in a lower tax burden for the companies.

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New Hampshire Electric Cooperative and Liberty Utilities say customers will see their bills decrease, effective May 1.

The change is the result of a decrease in the power rate.

For co-op customers, it comes out to about $23.67 less per month for a residential member using 500 kilowatts per month. For a customer using 1,000 kilowatts per month, it's about $47.33.

At Liberty, the reduction will mean a $46 decrease per month for an average residential customer.

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The New Hampshire Electric Coop will soon be the first utility in the state to fulfill a state-mandated requirement on how many customers are allowed to sell their solar energy back onto the grid. This has led some potential solar customers concerned about whether they will recoup their investment to bring their complaints to the Coop’s Board of Directors.

To get what this brouhaha is all about, you first have to know what net-metering is.

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  Another utility has announced that electric rates will rise this winter. For customers of the New Hampshire Electric Coop, the state’s second largest utility, winter electricity bills will rise 12.2%

The rate increase takes place on October 1st, and will cost ratepayers using 500 kilowatt hours $12.47 cents more per month. The increase is due to increasing rates on the energy half of the electric bill, which are increasing from 8.97 cents per kilowatt hour, to 11.6 cents.