PSNH

NH News
7:49 pm
Mon December 15, 2014

PSNH Announces Winter Rate Hike, Smaller Than Other Utilities

Credit Christian Patti / http://christianpatti.com/

The state’s largest electric company has asked for a winter price hike. Even after the increase Public Service of New Hampshire will still have the lowest winter rate of any utility in the state.

PSNH has asked regulators for an energy rate of 10.56 six cents per kilowatt hour, an increase from the current rate of 9.87 cents per kWh. The utility estimates that for an average rate-payer, using between 500 and 700 kWh per month, bills will rise somewhere between $5 and $8.

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Environment
4:28 pm
Tue October 14, 2014

'Scrubber' Cost Dispute Heard By Regulator

Credit Christian Patti / http://christianpatti.com/

The question of who will pay the cost of cleaning up emissions from the state’s largest coal-fired power plant is before the Public Utilities Commission this week.

“The issue that we’re facing here today is that as a result of increases of costs of commodities as well as increases in the engineering complexity of what we had to build, the price was higher than a lot of people expected it to be,” said PSNH’s lead attorney Bob Bersak.

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NH News
8:30 pm
Mon September 29, 2014

As Electricity Prices Rise, Policy Makers Ponder Solutions

Senator Jeanne Shaheen, former Senator Scott Brown, Governor Maggie Hassan, and GOP nominee for Governor Walt Havenstein all addressed energy policy makers in Concord on Monday
Credit Sam Evans-Brown / NHPR

Lawmakers, energy developers, and policy wonks descended on downtown Concord today for the annual New Hampshire Energy summit. The event couldn’t come at a more appropriate time, last week New Hampshire electric utilities – with the notable exception of the state’s largest, Public Service of New Hampshire – announced winter rate hikes ranging from twelve to fifty percent.

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NH News
6:08 pm
Fri August 8, 2014

Former PSNH Head Gary Long Dies

Gary Long testifying at the State House in 2013.
Credit Sam Evans-Brown / NHPR

Public Service of New Hampshire says that its former CEO, Gary Long, died Friday afternoon after a sudden illness.

Long started at PSNH in 1976, and began his tenure as CEO in 2000. He led the state’s largest utility at a time when the state restructured the electric utility industry. He stepped down as CEO last year to take a role leading the Northern Pass project through the regulatory process. He was also serving as chair of the board of directors for the Granite United Way.

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NH News
4:36 pm
Wed July 16, 2014

PSNH Customers Again Trickling To Competitors During Spring Months

After dipping to 49% of total kWh sold over PSNH power lines in February, the percent of power from competitors rose again over the spring months to 56%.
Credit Sam Evans-Brown Data: NH PUC

According to new numbers filed with the state’s Public Utilities Commission, a little less than 56 percent of the electricity sold to consumers in the service territory of the state’s largest utility, Public Service of New Hampshire, came from competitive suppliers. That number peaked at 58 percent last October before dropping to 49 percent in February thanks to soaring winter electric market prices.

“This could be a plateau, we did see some leveling off of the migration numbers in late 2013, and then we saw a big reversal,” says Martin Murray, PSNH spokesman.

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NH News
4:33 pm
Mon June 16, 2014

PSNH Energy Rates To Rise, Delivery Rates to Fall

Credit JP Stanley via Flickr CC

Customers of the state’s largest electric utility are set to get a tiny reprieve in their bills. Public Service of New Hampshire’s latest rate filing forecasts the average customer will save 31 cents a month, despite rising energy costs.

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Newscast
9:48 am
Mon May 5, 2014

PSNH Anticipates Rate Hike For Customers

New Hampshire’s largest utility estimates customers will see a two percent average rate hike this year.  Public Service of New Hampshire filed its rate adjustment forecast with the Public Utilities Commission Friday.  PSNH says higher energy prices over the winter and continued volatility in the market could translate into higher power bills.  The utility has not yet requested a rate change from the PUC.

NH News
7:24 pm
Wed April 2, 2014

Report: PSNH Plants Would Be Worth Little On Open Market

LaCapra estimates that compared to a $500 million "book value" Merrimack station would sell for somewhere around $10 million, or 2% of it's value. Schiller Station could see a similar mark down, at 6.5% of it's value.
Credit LaCapra Associates

An independent assessment commissioned by electrical regulators has released a preliminary report that finds some of Public Service of New Hampshire’s fossil-fired plants hold little market value. The report agrees with what staff at the Public Utilities Commission said last year.

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Environment
5:40 pm
Tue March 25, 2014

Cold Weather To Boost PSNH Bid To Hang On To Power Plants

PSNH says Merrimack station has contributed to 2/3 of the $115 million the utility saved by running its own power plants.
Credit Sam Evans-Brown / NHPR

This winter’s cold weather has proven a boon to Public Service of New Hampshire and its customers. Spikes in the price of natural gas have lifted regional electric prices, making PSNH’s rates competitive again.

PSNH says during most of the winter it was able to more cheaply produce electricity using its fleet of power plants than buying it on the open market and this saved the company $115 million dollars, savings which will be passed on to customers.

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All Things Considered
5:52 pm
Tue March 4, 2014

Can Utilities 'Nudge' Consumers To Use Less Electricity?

Public Service of New Hampshire is an energy utility – but it’s about to try an experiment in psychology, which it hopes might prompt consumers to use less electricity.

It's known as "nudging," and to explain how it works we turn to David Brooks, who writes the weekly GraniteGeek science column for the Nashua Telegraph and GraniteGeek.org.

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NH News
7:57 am
Mon February 24, 2014

PSNH Crews Return After Working To Restore Power in NYC

Credit PSNH

Public Service of New Hampshire crews working to restore power to New York City residents returned to the Granite State on Sunday.

The PSNH crews worked on underground power lines in Queens and Brooklyn over the past week.

The two boroughs had experienced power outages as a result of damage caused by salt used to treat roads and sidewalks.

The workers from New Hampshire were part of a larger contingent from Northeast Utilities, the parent company of PSNH, to help with repairs in New York City.

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Environment
5:59 pm
Thu February 20, 2014

Groups Agree: Time To Decide What To Do With PSNH Plants

The New Hampshire House appears poised to send the question of whether the state's largest utility should sell its power plants to regulators.

In 2012, lawmakers tried to force PSNH to sell its power plants outright, but that effort stalled in the New Hampshire house. So this time around they’ve written a bill that asks the Public Utilities Commission to rule on whether that sale would eventually lower electric rates.

That bill got near unanimous support during a committee hearing Thursday, including from PSNH itself.

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NH News
3:47 pm
Tue December 31, 2013

ISO-NE Approves Northern Pass Interconnectivity

The hydroelectric power line project known as the Northern Pass has passed a major regulatory hurdle Tuesday.


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Business and Economy
4:48 pm
Thu December 26, 2013

Energy Retailer PPG Suspended, Customers To Pay Original Provider Rates

ISO New England, the region’s energy grid operator, has suspended the independent supplier People’s Power and Gas. 5,700 Granite State customers who turned to PPG for lower rates will be automatically switched to prices set by Public Service of New Hampshire.


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Environment
1:45 pm
Mon December 2, 2013

PSNH Hotline Looks To Encourage Electric Car Buyers

Credit Sam Evans-Brown; Data: Electric Drive Transportation Association / NHPR

Today Public Service of New Hampshire launched its Electric Vehicle Hotline, where consumers can find out about electric cars currently on the market. The move comes as electric car sales have begun to pick up, and utilities see those drivers as a sales opportunity.

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