Default service means electricity supply that is available to customers who do not have an electricity supplier and are ineligible for transition service. Transition service means electricity supply that is available to customers prior to each customer s first choice of a competitive provider. Market Power PSC-NH must sell its fossil generation assets by July 1, 2001. In determining stranded cost recovery, the PUC shall balance the interests of ratepayers and utilities. Utilities should be allowed to recover stranded costs associated with environmental mandates and power acquisition mandates.
Utilities have a continuing obligation to mitigate stranded costs.
PSC-NH s stranded cost recovery charge, averaged over all customers, shall not exceed 3.4 cents per kWh. An electric supplier can compete for open access customers only if affiliated utilities file comparable open access transmission and distribution rates with the FERC or the PUC, whichever is applicable. Unbundling of Services Generation assets must at least be functionally separated from transmission and distribution facilities. A non-bypassable and competitively neutral distribution system benefits charge may be used to fund public benefits related to the provision of electricity. To encourage emerging technologies, customers should be allowed to pay a premium for renewable resources and an opportunity to directly invest in and interconnect decentralized renewable resources.