New HampshireRegulators could have approved deals with qualifying New Hampshire storage sites
Electric utilities could have signed multiyear deals with New Hampshire storage sites expected to help the grid through wholesale markets if regulators approved.
What it does
Regulators would have allowed multiyear utility deals with up to 200 megawatts of New Hampshire storage expected to help the grid through wholesale markets, if the deals were fair and served the public. Utilities could have recovered costs through rates.
If regulators approved pilot contracts, New Hampshire storage sites expected to help the grid through wholesale markets would have received payments when their bid price exceeded estimated market earnings. They would have owed charges when the estimate was higher.
Argument forIf regulators approved the deals, daily payments could have helped qualifying storage sites earn money when their bid prices exceeded estimated market earnings.
Argument againstElectricity customers might have paid more through utility rates if regulators approved the deals and allowed utilities to recover their costs.
More detail
Regulators would have authorized multiyear utility deals and allowed utilities to recover costs through rates if they found the deals fair and in the public interest. The deals could have covered up to 200 megawatts of New Hampshire storage expected to help the grid by taking part in wholesale electricity markets. Regulators would have needed to find the deals fair and in the public interest. The proposal would have taken effect 60 days after passage.
Approved pilot contracts would have paid or charged storage operators based on a daily comparison of two prices. The formula would have applied to approved contracts with New Hampshire storage sites expected to help the grid through wholesale markets. The contract price would have come from competitive bids. The other price would have estimated earnings from the wholesale electricity market. The payment or charge would have been calculated each day.
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Where it stands
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Looking ahead
No hearings or votes scheduled.
History
- 2026
- Jan 7Inexpedient to Legislate, MA, VV === BILL KILLED ===; 01/07/2026; SJ 1Latest
- 2025
- Nov 4Committee Report: Inexpedient to Legislate; Vote 5-0; CC; 01/07/2026; SC 46Minor
- Mar 6Rereferred to Committee, MA, VV; 03/06/2025; SJ 6Minor
- Feb 25Committee Report: Rereferred to Committee, 03/06/2025; Vote 5-0; CC; SC 11
- Feb 5Hearing: 02/11/2025, Room 103, SH, 09:00 am; SC 9
- Jan 22Introduced 01/09/2025 and Referred to Energy and Natural Resources; SJ 3Introduced
Environment & Energy