Eversource Energy files to sell power plants

power plant 3 elp

CONCORD, N.H. (AP) — New Hampshire's largest utility says its plan to sell off its fleet of power plants is in the hands of state energy regulators.

Eversource Energy filed the settlement with the Public Utilities Commission on Wednesday. It depends on legislation passed by the House and Senate; Gov. Maggie Hassan said she would sign it.

Eversource says the sale means customers will no longer be responsible for paying for the continued operation of them, and will avoid potentially costly investments to meet environmental standards.

Eversource says the filing anticipates regulatory hearings this fall and a PUC decision by the end of the year.

Once the plants are sold, Eversource plans to purchase energy in the open market, like all other New Hampshire electric utilities.

Did You Like this Article? Get All the Energy Industry News Delivered to Your Inbox

Subscribe to an email newsletter today at no cost and receive the latest news and information.

 Subscribe Now

Whitepapers

Logistics Risk Management in the Transformer Industry

Transformers often are shipped thousands of miles, involving multiple handoffs,and more than a do...

Secrets of Barco UniSee Mount Revealed

Last year Barco introduced UniSee, a revolutionary large-scale visualization platform designed to...

The Time is Right for Optimum Reliability: Capital-Intensive Industries and Asset Performance Management

Imagine a plant that is no longer at risk of a random shutdown. Imagine not worrying about losing...

Going Digital: The New Normal in Oil & Gas

In this whitepaper you will learn how Keystone Engineering, ONGC, and Saipem are using software t...

Latest PennEnergy Jobs

PennEnergy Oil & Gas Jobs