repealing the authority of the public utilities commission to approve alternative forms of regulation for utilities.

Summary

The bill would eliminate the commission’s authority to adopt any regulatory approaches other than the traditional cost‑of‑service model for investor‑owned electric and gas utilities. By repealing RSA 374:3‑a, the measure would stop the PUC from approving incentive‑based or other alternative regulatory schemes. The change was intended to keep utility regulation limited to established rate‑of‑return methods.

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