authorizing electric utilities to issue AAA-rated bonds for the purpose of storm cost recovery and infrastructure resilience.

Summary

The bill lets electric utilities in New Hampshire secure low‑cost, AAA‑rated bonds to pay for storm damage and related infrastructure upgrades. The Public Utilities Commission must approve a finance order after a hearing, and the bond proceeds are repaid through a charge on customers’ electricity bills. This aims to spread storm‑related expenses over time and lessen immediate rate spikes for consumers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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