N.H. Rev. Stat. § 72:8-e

Current through the 2024 Legislative Session

Section 72:8-e - Recovery of Taxes by Electric, Gas and Water Utility Companies

For the implementation period of the valuation of utility company assets under RSA 72:8-d, VI and terminating with the property tax year effective April 1, 2024, the public utility commission shall by order establish a rate recovery mechanism for any public utility owning property that meets the definition of utility company assets under RSA 72:8-d, I. Such rate recovery mechanism shall either:

I. Adjust annually to recover all property taxes paid by each such utility on such utility company assets based upon the methodology set forth in of RSA 72:8-d; or

II. Be established in an alternative manner acceptable to both the utility and the public utility commission.

RSA 72:8-e

Added by 2019, 117:2, eff. 8/20/2019.

2019, 117:2, eff. Aug. 20, 2019.