Section Puc 206.09 - Withdrawal of Approval(a) When the commission determines, after notice and an opportunity for hearing pursuant to Puc 200, that a utility's performance under an alternative form of regulation no longer complies with the standards for approval established by Puc 206.07, and therefore no longer serves the public interest, the commission shall issue an order: (1) Withdrawing approval of the alternative form of regulation and:a. Initiating a proceeding to establish another alternative form of regulation, in accordance with Puc 206.06 and Puc 206.07; orb. Reinstituting regulation based upon cost of service, rate base, and rate of return.(b) During the pendency of a proceeding to consider withdrawal of approval of an alternative form of regulation or a proceeding to consider another alternative form of regulation, the commission shall either:(1) Maintain the form of regulation last approved for the affected utility; or(2) Reinstitute regulation based upon cost of service, rate base, and rate of return.(c) In determining the method of regulation to apply during the pendency of a proceeding pursuant to Puc 206.09(a), the commission shall order the form of regulation that best assures: (1) Safe, adequate, and reliable utility operation;(2) Financial stability of the utility; and(3) Limited financial impact, if any, on ratepayers.N.H. Code Admin. R. Puc 206.09
#6444, eff 1-28-97; ss by #8276, eff 1-27-05; ss by #10306, eff 4-9-13
Amended by Number 45, Filed November 9, 2023, Proposed by #13780, Effective 10/18/2023, Expires 10/18/2033.