- Associated Press - Thursday, September 24, 2015

CONCORD, N.H. (AP) - Staff members for New Hampshire’s Public Utilities Commission say plans for Eversource Energy to sell its power plants could end up costing ratepayers rather than creating savings.

Eversource reached an agreement with the state this year to sell off nine hydro and three fossil fuel plants, with the goal of saving ratepayers at least $300 million. The 3-member Public Utilities Commission is in the process of reviewing the settlement for final approval. If the plants are sold, Eversource will buy energy on the open market, as other utilities do.

PUC staff testimony says Eversource should wait five years to sell off its plants because doing so immediately would not be in the public interest.

Eversource officials dispute the testimony and say it contradicts prior findings that the deal will bring savings.

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