Most support PSNH selling its plants
Rather than endorse a system that has made their entry into the market possible, the competitive suppliers, by and large, support the kind of changes the PUC is recommending.
"The report got it right," said Dan Allegretti, RESA's New England chair. "It points out that on the one hand the current situation provides an opportunity for retail suppliers to offer substantial savings to customers, as compared to the default price from PSNH, but it also points out, and we would agree, that longer term a much more stable and durable restructuring is needed in which PSNH is out of the electric commodity business, and becomes a delivery company."
"ENH Power believes the forced divestiture of PSNH generation assets is long overdue," said Kevin Dean, a co-owner of the company that has signed up 58,000 former PSNH customers. "We believe that this is consistent with the intent of the deregulation in New Hampshire and is in the best interest of the consumers."
"We support changing the current policy of guaranteeing profits and cost recovery for PSNH power plants, regardless of whether the plants operate or not," he said. "There are a range of better alternatives to the current policy, one of which is divestiture."
"We're going to be spending a lot of money here in New Hampshire to solve a problem the competitive market could solve on its own," he said. "I find it somewhat dubious for the report to claim that it's got the support of all competitive suppliers. If you look at the suppliers supporting (forced divestiture), it's those who have wholesale assets that would be able to compete for PSNH business as default provider."email@example.com
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