New Hampshire § 366:7 Disallowance of Charges Under Existing Contracts

New Hampshire Statutes

§ 366:7 — Disallowance of Charges Under Existing Contracts

New Hampshire·Title XXXIV PUBLIC UTILITIES·Ch. 366 AFFILIATES OF PUBLIC UTILITIES·Subdivision Contracts Between Utilities and Affiliates

In any proceeding whether upon the department's initiation or commission's own motion or upon complaint involving the rates or practices of any public utility, the commission may disallow the inclusion in the accounts of a public utility of any payments or compensation to an affiliate for any services rendered, or property furnished, under existing contracts or arrangements with an affiliate unless such public utility shall establish the reasonableness of such payment or compensation.

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In any proceeding whether upon the department's initiation or commission's own motion or upon complaint involving the rates or practices of any public utility, the commission may disallow the inclusion in the accounts of a public utility of any payments or compensation to an affiliate for any services rendered, or property furnished, under existing contracts or arrangements with an affiliate unless such public utility shall establish the reasonableness of such payment or compensation.

New Hampshire § 366:7 (Disallowance of Charges Under Existing Contracts) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.