N.H. PUC Suspends Liberty Utilities Storm Recovery Rate Hike, Opens Investigation
February 20, 2025
February 20, 2025
CONCORD, New Hampshire, Feb. 20 -- The New Hampshire Public Utilities Commission (PUC) has suspended a proposed rate increase by Liberty Utilities (Granite State Electric) and initiated an investigation into the company's request to adjust its Storm Recovery Adjustment Factor (SRAF). Liberty Utilities filed its petition on January 28, 2025, seeking to increase the SRAF to $0.00377 per kWh, citing a negative balance of over $3.4 million in its storm contingency fund. The proposed increase wa . . .