No decision yet from the PUC …
Almost four months since the hearing in early September, the NH Public Utilities Commission has still not issued a decision on whether to grant Liberty a gas distribution franchise for Lebanon and Hanover. We can expect a decision before much longer, though, and we should expect that the PUC will grant the franchise according to the terms of a settlement agreement reached by the gas company, PUC staff and the Office of the Consumer Advocate. The agreement, which was not supported by the City of Lebanon, the Town of Hanover or any of the citizen intervenors, recommends that Liberty be granted a monopoly franchise to distribute gas by pipeline in Lebanon and Hanover. According to the agreement’s terms, construction of each of the two initial phases of the system would not start until customer commitments for gas service reach a certain threshold of guaranteed revenue. Phase 1 would operate on a trucked-in supply of compressed natural gas (CNG), while phase 2 would employ 60,000 gallon storage tanks for liquefied natural gas (LNG), which would also be delivered to Lebanon by truck. You’ll find more background in this report that we sent out shortly after the hearing.