New Hampshire House Committee Endorses Bill for Utility Ownership of Natural Gas and Nuclear Power
A New Hampshire House committee endorsed House Bill 1775, allowing utilities to own natural gas and nuclear generation. The bill includes emission and efficiency requirement repeals and caps utility-owned generation at 10% of total distribution capacity. Proponents aim to enhance energy supply, while opponents express concerns about market control and competition. The bill passed the House previously and awaits a second vote.
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House Bill 1775, endorsed by a New Hampshire House committee, would permit electric utilities to own natural gas and nuclear power generation, repealing certain emissions and efficiency standards. The bill limits generation units to 5 megawatts and caps utility generation at 10% of their total distributed power.
Proponents believe this will encourage construction of new power plants, while critics argue it risks reducing market competition established by utility restructuring in 1996. The bill, having passed the House with a vote of 191-149, will face a second vote later this year.
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