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Utility Seeks Clarification On Recent Default Service Changes, Files Updated Prices
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Granite State Electric (Liberty Utilities) has asked the New Hampshire PUC for clarification of several aspects of the PUC's recent order to mitigate the default service rate increase that would have occurred under the existing GSE default service reconciliation mechanism
As first reported by EnergyChoiceMatters.com (story here), the New Hampshire PUC mitigated the 21¢ per kWh small customer electric default service rate which had been calculated at Granite State Electric (Liberty Utilities), with the 21¢ rate having included a reconciliation factor of about 7 cents per kWh
The PUC instead ordered that the small customer default service rate at GSE shall be 15.835 cents per kWh starting August 1, 2026
The PUC arrived at this rate by establishing a "provisional" Energy Service Adjustment Factor (ESAF, or reconciliation) charge of 1.157 cents per kWh for the small customer group, which is the current level of the ESAF
As previously noted by ECM, while the PUC ordered the use of the current ESAF of 2.123 cents per kWh for the large customer group, the PUC in its order did not specifically list the resulting large customer group monthly SOS rates
GSE sought confirmation that the PUC, through such direction regarding the ESAF, intended to establish the following monthly large customer group SOS rates:
GSE, Large Customer Group, $ per kWh
August 2026 - $0.11890
September 2026 - $0.11468
October 2026 - $0.11471
November 2026 - $0.12288
December 2026 - $0.17797
January 2027 - $0.22683
GSE also sought clarification regarding the "50%" deferral of the reconciliation balance which was ordered by the PUC
The PUC had ordered that: "We further order
that the ongoing reconciliation treatment (of a 12-month reconciliation cycle,
with the outstanding balances being 50 percent deferred, with the deferred
amounts to not be subject to carrying charges) shall continue to be applied to
the Company’s Default Service accounting, pending further rulings by the
Commission."
GSE explained that using the current levels of the ESAFs as ordered by the PUC results in a deferral exceeding 50% of the existing reconciliation balance (with the deferral under the directed ESAFs actually reaching nearly 90%), and GSE sought clarification of the matter
GSE projects that use of the ordered ESAFs as discussed above will result in the
collection of only $918,288 over the August 1, 2026 through July 31, 2027 period. This
is 10.8% of the current $8.5 million under-recovery
"Therefore, the effective amount that the
Commission has ordered Liberty to defer without carrying charges is not 50 percent of the
under-recovery as stated in the Order. In fact ... the Order results in the Company deferring 89.2 percent of the total underrecovery
as of May 31, 2026. Liberty seeks clarification that the Commission intended this
result," GSE said
Docket DE 26-023
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June 29, 2026
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Copyright 2026 EnergyChoiceMatters.com
Reporting by Paul Ring • ring@energychoicematters.com
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