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New Hampshire Public Utilities Commission Approves Eversource's Request for Regulatory Reconciliation Adjustment Rates with Conditions

Strategic Insights

— 2 min read

The New Hampshire Public Utilities Commission has issued an order approving Eversource's request for Regulatory Reconciliation Adjustment (RRA) rates, effective August 1, 2025. In its petition, Eversource proposed an average RRA rate of 0.025 cents per kilowatt hour (kWh), to be assessed on Eversource distribution customers. The proposed rate is lower than the credit amount of 0.031 cents per kWh approved in previous orders. The Commission has required Eversource to file an interim RRA rate update, incorporating the Commission's rulings in the Company's full rate case, Docket No. DE 24-070, on September 2, 2025, with rates to be effective on October 1, 2025.

Key Takeaways:

  • The New Hampshire Public Utilities Commission has approved Eversource's request for Regulatory Reconciliation Adjustment (RRA) rates, effective August 1, 2025.
  • Eversource proposed an average RRA rate of 0.025 cents per kilowatt hour (kWh), which is lower than the credit amount of 0.031 cents per kWh approved in previous orders.
  • The Commission has required Eversource to file an interim RRA rate update, incorporating the Commission's rulings in the Company's full rate case, Docket No. DE 24-070, on September 2, 2025, with rates to be effective on October 1, 2025.
  • The RRA rate components proposed by Eversource include regulatory assessments, consultants' costs, Vegetation Management Program costs, property tax expenses, lost-base distribution revenues, and storm cost amortization reconciliations.
  • The Department of Energy (DOE) expressed concerns with Eversource's Vegetation Management program budgets and spending, while the Office of the Consumer Advocate (OCA) recommended approval of the Company's RRA rates.
  • The Commission will issue an order delineating its reasoning for approving the RRA rates in late July.

Statistics:

  • Average RRA rate proposed by Eversource: 0.025 cents per kilowatt hour (kWh)
  • Credit amount of 0.031 cents per kWh approved in previous orders
  • Eversource's full rate case, Docket No. DE 24-070, submitted in May 2025
  • September 2, 2025, filing deadline for Eversource's interim RRA rate update
  • October 1, 2025, effective date for the updated RRA rates
  • 0.014 cents per kWh proposed for Vegetation Management Program costs
  • 0.021 cents per kWh proposed for property tax expenses
  • 0.023 cents per kWh proposed for lost-base distribution revenues
  • 0.001 cents per kWh proposed for Rate Case Expense amortization

Sources:

  • Order No. 28,172, New Hampshire Public Utilities Commission, July 31, 2025
  • Order No. 28,170, New Hampshire Public Utilities Commission, July 25, 2025
  • Order No. 27,021, New Hampshire Public Utilities Commission, June 20, 2024
  • Order No. 26,443, New Hampshire Public Utilities Commission, December 15, 2020
  • DE 24-070, Eversource's full rate case, filed in May 2025
  • DE 19-057, Settlement Agreement, approved by the New Hampshire Public Utilities Commission, December 15, 2020

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