New Hampshire House Bill HB1250

New Hampshire 2022 Regular Session

• Introduced: 11/18/21
• Refer: 11/18/21
• Report DNP: 3/8/22

Caption

Requiring the public utilities commission to consider climate change in making rate-setting decisions.

Impact

If enacted, HB 1250 will significantly amend existing regulations by introducing environmental considerations into the rate-making process for public utilities. This will compel the commission to evaluate how utility services and their pricing structures may contribute to climate change, and to adjust rates accordingly to mitigate these effects. The bill reflects a growing recognition of the need for utilities to take responsibility for their environmental impact and to promote renewable energy sources in their pricing strategies.

Summary

House Bill 1250 requires the Public Utilities Commission to consider climate change in their rate-setting decisions for public utilities. The bill aims to integrate climate change impacts into how rates, fees, and charges are established for public services, emphasizing the importance of environmental considerations in utility regulation. This legislative effort aligns with broader state and national trends toward prioritizing sustainability and addressing climate issues in public policy.

Sentiment

The sentiment surrounding HB 1250 is generally positive among environmental advocates and progressive lawmakers, who view the bill as a vital step toward addressing climate change. However, there are concerns within the business community and among some legislators about the potential for increased rates or operational costs as utilities respond to new regulatory expectations. The debate remains a balance between improving environmental standards and ensuring affordable utility services for consumers.

Contention

Notable points of contention include the potential economic implications of requiring utilities to factor in climate change when setting rates. Critics argue that this could lead to higher costs for consumers and businesses, while proponents contend that failing to address climate change in utility planning could lead to even greater long-term costs associated with climate-related disruptions. The bill's advocates emphasize that proactive measures now can help avoid larger economic burdens in the future.