Daily Journal masthead

Eversource plan to sell power plants filed with Public Utilities Commission

bug
Share/Save/Bookmark

CONCORD, New Hampshire — New Hampshire's largest utility says its plan to sell off its fleet of power plants is in the hands of state energy regulators.

Eversource filed the settlement with the Public Utilities Commission on Wednesday. It depends on legislation passed by the House and Senate; Gov. Maggie Hassan said she would sign it.

Eversource says the sale means customers will no longer be responsible for paying for the continued operation of them, and will avoid potentially costly investments to meet environmental standards.

Eversource says the filing anticipates regulatory hearings this fall and a PUC decision by the end of the year.

Once the plants are sold, Eversource plans to purchase energy in the open market, like all other New Hampshire electric utilities.

Think your friends should see this? Share it with them!

Story copyright 2015 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Feedback, Corrections and Other Requests: AP welcomes feedback and comments from readers. Send an email to info@ap.org and it will be forwarded to the appropriate editor or reporter.


We also have more stories about:
(click the phrases to see a list)

Category:

Follow Daily Journal:

All content copyright ©2015 Daily Journal, a division of Home News Enterprises unless otherwise noted.
All rights reserved. Privacy policy.