CONCORD- Today, the House passed SB 125, establishing a committee to study transmission, distribution, generation, and other costs in the state’s electricity system.
House Majority Leader Rep. Richard “Dick” Hinch (R-Merrimack) and Member of House Science, Technology, and Energy Committee Rep. Herbert Vadney (R-Meredith) issued the following statements following today’s vote:
“New Hampshire’s electricity rates are among the highest in the nation with many factors contributing to those prices. This study will identify and evaluate ways to lower our rates and will consider grid modernization. Making our electricity cheaper will lower manufacturing costs and spur our economy.” said Rep. Vadney
“Part of the Republican legislative agenda is to find ways to lower energy costs here in New Hampshire. The committee established in the bill will look at ways to make our state more attractive to new businesses and cut costs to everyday consumers.” said House Majority Leader Richard “Dick” Hinch. “The passing of Senate Bill 125 today is just one piece of the puzzle in our legislative approach to solving this problem.”