New Hampshire Deal Ends Public Subsidies for Coal-Fired Power Plants

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Agreement levels the playing field for clean, renewable energy

July 1, 2016 (CONCORD, NH) – Conservation Law Foundation (CLF) released the following statement today in response to the decision of the New Hampshire Public Utilities Commission (PUC) to approve a historic settlement agreement requiring Eversource to sell its entire electric generation fleet, including its coal- and oil-fired power plants. This settlement allows for a competitive marketplace in which outdated fossil fuel plants will be up against the burgeoning clean energy industry. CLF was a party to the settlement.

“For too long, families and businesses in New Hampshire have been asked to prop up inefficient coal and oil plants despite market forces rapidly propelling us toward a clean energy future,” said Tom Irwin, Director of CLF’s New Hampshire Advocacy Center. “When the dirty fuels of yesterday are put into competition with the renewable alternatives of tomorrow, it’s a win-win for our economy and our environment. While there’s still a long way to go, today we took a big step down the path toward achieving a clean energy economy for New Hampshire.”

In addition to requiring Eversource to auction off its electric generating plants, the agreement also includes commitments to creating a five million dollar clean energy fund and to further advancing energy efficiency and renewables. More information about the settlement can be found here.

CLF experts are available for further comment.


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