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Posted June 08. 2013 2:10PM

NHPUC: Report on investigation into PSNH market conditions, default service rate, and impacts on competitive electricity market

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In summary, the situation looks to worsen, as continuing migration from PSNH’s default service by customers causes an upward rate trend. We find no supportable basis for optimism that futuremarket conditions will reverse this unsustainable trend, especially in the near term. To the contrary, the PSNH fossil units face uncertainties that combine to create a risk of further, potentially substantial increases in costs.