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Eversource Provides Update On Date For New POR Program Implementation, Hearing Examiner Advances Proceeding
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Public Service of New Hampshire (Eversource) has provided an update on its planned date for implementing a new purchase of receivables program in New Hampshire
Today, a New Hampshire PUC hearing examiner recommended that the PUC approve an updated PSNH tariff and associated master supplier agreement to implement POR, as filed by PSNH in December 2024, with such documents reflecting a "general consensus" among parties
See more background on POR at PSNH here
Given the pendency of the case, the hearing examiner recommended that, in a POR approval order, the PUC direct PSNH to confirm the date for the filing of its initial
discount rate (for which the calculation methodology has already been approved with the only outstanding matter being an update to reflect the latest data), and to confirm the date for implementation of the POR program
PSNH had been planning for a May 1, 2025 start date for POR, but had sought PUC approval of the POR tariff by February 21, 2025 to accommodate such. As noted, the PUC has not yet approved the POR tariff
While PSNH did not formally state that the May 1, 2025 start date is no longer tenable, PSNH in its update, which was filed today, noted the pressures on such a start date
PSNH said, "Eversource has continued to work toward a target effective date of May 1, 2025, but that
go-live date is subject to execution of the revised contract forms by all suppliers using consolidated
billing service as well as Commission approval of the updated Discount Percentage Rate applicable
to POR payments to suppliers. Further delay may also result in logistical consequences and
potentially increased costs associated with necessary internal systems modifications."
"Accordingly, Eversource respectfully requests that the Commission approve the proposed
tariff amendments and revisions of the Electric Supplier Services Master Agreement form at the
earliest possible time," PSNH said
DE 23-004
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March 7, 2025
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Copyright 2025 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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