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May 15. 2013 9:13PM

PUC gives OK to PSNH on lower rate for returnees

Public Service of New Hampshire can move forward with the establishment of a lower rate for customers who return to the utility after buying electricity from a competitor, the PUC said.

The Public Utilities Commission on Tuesday rejected a request from electricity supplier PNE Energy Supply LLC to reconsider an April ruling that allowed the alternative default rate.

In its ruling, the PUC noted that it specifically directed PSNH to design an alternative default rate.

PNE said the default rate should include costs of the Merrimack Station scrubber and other company costs that go into the normal electric rate.

PSNH customers are eligible for the lower rate if they return to the company after being with an alternative supplier for at elast 12 months. They can remain on the lower rate for up to 12 months.


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