relative to purchased power agreements for electric distribution utilities.

Summary

The bill lets investor‑owned electric distribution utilities and New Hampshire’s Department of Energy issue requests for proposals for multi‑year electricity contracts, covering existing, new, or incremental generation sources. Utilities must petition the Public Utilities Commission, which can approve contracts for up to 2 million megawatt‑hours statewide each year if they are found just, reasonable, and in the public interest. The measure provides a framework for long‑term power supply planning.

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

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