Company: CNLHP
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001628280-25-050033
Chunk: 166

Company: CONNECTICUT LIGHT & POWER CO
Filing Date: 2025-11-06
Form: 10-Q
Item: Item 8
Chunk 166
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 million for the inflation-based adjustment.  The DPU also approved NSTAR Gas’ mitigation proposal, in which NSTAR Gas will pause recovery of the Gas System Enhancement Adjustment Factor (GSEAF) and reduce the current GSEAF to zero on November 1, 2025 in order to align this decrease with the base rate increase and to mitigate November 1, 2025 bill impacts to customers. NSTAR Gas will begin to recover the remaining 2025 GSEP revenue requirement on May 1, 2026 over 18 months.  On November 4, 2025, NSTAR Gas filed a motion requesting the DPU to reconsider its decision denying the rate base reset citing legal concerns and arguing that the decision will ultimately result in higher costs for customers.

NSTAR Electric and EGMA Settlement:  On November 3, 2025, EGMA, NSTAR Electric, and the Massachusetts Attorney General’s Office reached a settlement agreement that resolves outstanding issues in multiple open Pension Adjustment Mechanism (PAM) dockets and open Resiliency Tree Work (RTW) dockets and allows recovery of transaction and integration costs related to Eversource’s acquisition of EGMA.  The settlement agreement is contingent upon approval from the DPU, which is requested in the fourth quarter of 2025.  If approved by the DPU, certain PAM and RTW collections totaling $20.0 million would be refunded to customers over a one-year period beginning January 1, 2026 and the transaction and integration costs of $82.3 million would be collected from customers over a ten year period from the time of the next EGMA rate case.  

New Hampshire:

PSNH Distribution Rate Case:  On June 11, 2024, PSNH filed an application with the NHPUC for approval of a temporary annual base distribution rate increase.  On July 31, 2024, the NHPUC approved a settlement agreement that was reached by PSNH, New Hampshire Department of Energy, and the Office of the Consumer Advocate to implement a temporary annual base distribution rate increase of $61.2 million effective August 1, 2024.  Temporary rates were in effect until permanent rates were approved and took effect August 1, 2025.  

Also on June 11, 2024, PSNH filed an application with the NHPUC to request an increase in permanent base distribution rates of $181.9 million, which is inclusive of the temporary rate increase.