Fourth Consecutive Rate Cut for NHEC Members; Electric Bills Going Down Aug. 1

by | Jul 3, 2024 | Rates, Uncategorized

PLYMOUTH, NH – New Hampshire Electric Cooperative members will benefit from the fourth consecutive rate cut in two years resulting in an overall bill decrease for most members beginning Aug. 1. The NHEC Board of Directors approved the cut this week.

The board’s approval of the rates, combined with NHEC’s strategy and flexibility in purchasing power, will result in a total bill reduction of 6 percent, or about $8 per month for the average Co-op member using 500 kWh. The average member using 1000 kWh will see a reduction of 7 percent, or $16.

“Our mission is to provide our members with affordable, reliable service and that’s exactly what we’re doing. I’m proud of the work our team has done to deliver some of the lowest electric rates in New Hampshire to our members,” said Alyssa Clemsen Roberts, President and CEO of NHEC. “We’ll remain focused on affordability moving forward as it’s one of the key pillars of our five-year strategic plan and we’ll continue to put our members first.”

The upcoming change in August includes a 15 percent reduction in the Co-op Power rate for most members, which reflects the actual cost of power that NHEC purchases. The Regional Access Charge will decrease by 3 percent.

“We’re pleased we’re able to provide another rate cut that will lower our members’ bills and that the rates are lower than proposed by the other investor-owned electric utilities in New Hampshire. With our members experiencing lower bills it is my hope more of them will consider participating in our Round Up program to ensure our continued support of community organizations and programs,” said William Darcy, chair of the NHEC Board of Directors.

Round Up is a voluntary program that increases a member’s monthly bill to the next whole dollar with the difference allotted as a contribution to the New Hampshire Electric Co-op Foundation. The Foundation manages these contributions and uses the funds to issue grants to local charitable organizations and programs that improve the quality of life for our members and our communities.

For more information about NHEC’s rates, including a current schedule of rates, please visit our website: nhec.com/rates-tariffs/.

Four Members Elected to NHEC Board of Directors

by | Jun 18, 2024 | Annual Meeting, Board of Directors, Uncategorized

PLYMOUTH, NH – Members of New Hampshire Electric Cooperative (NHEC) elected four members to the company’s board of directors.

Jeffrey Morrill of Holderness, Patricia Barbour of Lee, Leo Dwyer of Sandwich and Jerry Stringham of North Woodstock received the most votes and will serve three-year terms. Nine candidates ran to fill four seats on the 11-member board of directors.

Voters rejected a proposed amendment to the NHEC Code of Bylaws after it failed to reach the required supermajority approval of 66% of the votes cast. Election results were announced at NHEC’s 85th Annual Meeting, held June 18 at Owl’s Nest Resort in Thornton.

As a member-owned cooperative, NHEC relies on the active participation of its members to govern and sustain the business. NHEC wishes to thank all members who voted or stood for election. Below are the full results of the 2024 Board of Directors Election.

FOR THREE-YEAR TERM (*elected)

*Jeffrey Morrill                   3,757
*Patricia Barbour               3,701
*Leo Dwyer                        3,175
*Jerry Stringham                2,968
Paul Bolduc                       2,892
Peter Laufenberg               2,608
Brenda Boisvert                 2,521
Brian Norton                      1,885
James Krull                       1,661

BYLAW AMENDMENT
(requires two-thirds majority for passage)

NO     3,450 (53.4%)
YES   3,012 (46.6%)

Voting Opens May 21 in NH Electric Co-op Board Election

by | May 17, 2024 | Board of Directors, Uncategorized

PLYMOUTH – Members of New Hampshire Electric Cooperative (NHEC) will be voting to fill four seats on the 11-member Board of Directors when the election opens on May 21.

A field of nine candidates is running for those four seats. Six of the candidates were nominated by the NHEC Nominating Committee, an independent body that reviews the qualifications of each candidate and recommends those it believes would best contribute to the successful operation of NHEC. Three candidates who were not nominated by the committee are running by petition, which required them to gather the signatures of a minimum of 100 NHEC members.

Candidates nominated by the committee seeking election to three-year terms are:

  • Patricia Barbour of Lee
  • Paul Bolduc of Bartlett
  • James Krull of Plymouth
  • Peter Laufenberg of Thornton
  • Jeffrey Morrill of Holderness
  • Brian Norton of Campton.

Those candidates who submitted petitions with the required signatures to run for the board are:

  • Brenda Boisvert of Campton
  • Leo Dwyer of Sandwich
  • Jerry Stringham of North Woodstock

Members will also be asked to decide on a proposed amendment to the NHEC Code of Bylaws. The proposed amendment, which was submitted by petition and is not supported by the Board of Directors, seeks to expand the Board’s powers of access to Cooperative working documents.

NHEC members are receiving written statements from the candidates in support of their candidacies, along with a ballot and a postage-paid return envelope. To save time, money and resources, NHEC encourages all members to vote securely online instead of returning a paper ballot. Each ballot mailing will include instructions for voting quickly and securely online.

NHEC members have until Wednesday, June 12, 2024, to return their completed paper ballot or cast their electronic ballot. Election results will be announced at the 85th Annual Meeting of Members, to be held Tuesday, June 18 at 5:30 p.m. at Owl’s Nest Resort in Thornton. Members can also attend the Annual Meeting online. To register to attend in-person or online, please visit:

https://www.nhec.com/event/2024-annual-meeting-of-members/.

All NHEC members are welcome to attend. Resort activities such as tennis, pickleball, paddle boarding, golf and more are free or discounted for NHEC members from noon to 5 p.m. on the day of the meeting. Childcare and overnight accommodations are also available.

Order Nisi Approving Settlement Agreement of Proposed Purchase of Receivables Program

by | Mar 19, 2024 | Regulatory, Uncategorized

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