Posted on April 27th, 2018 by

Committee asked to give full consideration to proposed solution

Northern Pass officials today asked the N.H. Site Evaluation Committee to reconsider its denial of the project’s application. In its motion filed today, the project emphasized the SEC’s responsibility to thoroughly evaluate the comprehensive solution proposed by Northern Pass and discharge the committee’s legal obligation to consider all criteria by which an application is to be measured. The SEC is expected to deliberate on the project’s motion on May 24.

“We have presented to the SEC a solution that fully addresses the issues they pointed to in their order denying the permit,” said Eversource New Hampshire President Bill Quinlan. “The solution is a comprehensive set of commitments and conditions, many of which were proposed by Counsel for the Public, that can be imposed to address the SEC’s concerns.”

The SEC on February 1 abruptly ended deliberations on Northern Pass’ application after two-and-a-half days, with no consideration of conditions that were proposed by the project and others, and having voted on just two of the four required statutory criteria.

Key Commitments

In its original SEC application, Northern Pass contemplated the need to further economic development, tourism, community investment and clean energy innovation, and these are the four focus areas for its $200 million Forward NH Fund. Key commitments highlighted by the project include the following specific allocations from the Fund:

  • $25 million to address property value impacts in affected communities
  • $25 million for promoting tourism and recreation in the affected areas
  • $25 million for economic development in host communities to address local impacts

In addition, the proposed commitments include:

  • Horizontal directional drilling (HDD) in the downtown areas of both Plymouth and Franconia to reduce construction impacts to businesses and residents
  • Energy cost benefits for business and low-income customers from the sale of clean energy attributes (up to $300 million)
  • Transmission upgrades in the North Country to promote existing (400MW) and new small-scale renewable generation ($50 million)
  • Dedicated funding for the North Country Job Creation Fund to support economic development and job growth ($7.5 million)
  • Public interest program funding to advance energy efficiency programs for customers ($20 million)
  • Right-of-way lease benefits that will lower customers’ transmission costs and advance distributed generation, energy storage and electric vehicle initiatives ($30 million)
  • The unallocated balance of the $200 million in the Forward NH Fund is available to the SEC for further conditions ($100M)

NP_SEC_Key_Conditions_Chart

Click chart to enlarge

Northern Pass has received the following approvals:

State Approvals

  • NH Department of Environmental Services
    • Wetland final decision
    • Shoreland Protection final decision
    • Alteration of Terrain final decision
    • Section 401 Water Quality certificate
  • NH Department of Transportation
  • NH PUC Authorization to Commence Business as a Public Utility
  • NH PUC Authorization to Cross Public Lands and Waters
  • NH PUC Approval of PSNH Lease

Federal Approvals

  • DOE Final Environmental Impact Statement
  • DOE Record of Decision
  • Presidential Permit
  • U.S. Forest Service Final Record of Decision

Canadian Approvals

  • Québec Provincial Permit
  • Canadian National Energy Board

Three Approvals Remain

  • NH Site Evaluation Committee – Certificate of Site and Facility
  • U.S. Forest Service Special Use Permit (draft issued; final permit expected soon)
  • U.S. Army Corps Section 404 Permit (expected following issuance of SEC permit)

The Northern Pass is a 192-mile electric transmission line project that will bring to New England 1,090 megawatts of clean hydropower.  This reliable and affordable source of power will also bring a wide range of benefits to the region, including millions of dollars in energy cost savings and a significant reduction in carbon emissions.  To learn more about Northern Pass, go to www.northernpass.us. 

Eversource (NYSE: ES) is New Hampshire’s largest electric utility, serving more than 500,000 homes and businesses in 211 cities and towns, and also supplies water to approximately 9,300 homes and businesses in Hampton, North Hampton and Rye. Eversource is proud to be recognized as the top contributor to United Way in New Hampshire. Recognized as the top U.S. utility for its energy efficiency programs by the sustainability advocacy organization Ceres, Eversource harnesses the commitment of about 8,000 employees across three states to build a single, united company around the mission of safely delivering reliable energy and water with superior customer service. For more information, please visit our website (www.eversource.com) and follow us on Twitter (@eversourceNH) and Facebook (facebook.com/EversourceNH). For more information on our water services, visit www.aquarionwater.com.

CONTACT:

Martin Murray

603-634-2228

martin.murray@eversource.com

Kaitlyn Woods

603-634-2418

kaitlyn.woods@eversource.com


Posted on April 27th, 2018 by

Posted In: Filings, SEC, Updates

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