Order Nisi Approving Settlement Agreement of Proposed Purchase of Receivables Program

In this order nisi, the Commission approves a settlement agreement between New Hampshire Electric Cooperative, Inc. (NHEC) and the New Hampshire Department of Energy (DOE). The settlement agreement resolves all issues to the reasonable satisfaction of the parties with respect to NHEC’s request for approval of a purchase of receivables (POR) program. This order is issued on a nisi basis, affording notice and opportunity for hearing to the parties in the underlying adjudicative proceeding and other interested persons.

READ THE FULL PUC ORDER HERE