N.H. Code Admin. R. Puc 507.09 - Short Term Debt

Current through Register Vol. 42, No. 14, April 7, 2022

No utility shall issue or renew any notes, bonds or other evidences of indebtedness payable less than 12 months after the date thereof without approval by the commission for a waiver pursuant to Puc 201.05 if such short term debt exceeds 10 percent of the utility?s net fixed plant.


N.H. Code Admin. R. Puc 507.09

#10334, eff 5-10-13 (from Puc 507.08 )


Pursuant to RSA 374:8, II and RSA 541-A:21, I(q), as amended effective 7-23-94 by 1994, 193:3 and 193:4, the uniform system of accounts (USOA) for regulated utilities as referenced in Puc 507.07 is exempt from the rulemaking requirements of RSA 541-A. The text of the USOA is not included in Puc 507.07 above because the publication requirement for rules in RSA 541-A:15, I does not apply.

By Order No. 21,310 dated August 8, 1994, the New Hampshire Public Utilities Commission (Commission) ordered, because of 1994, 193, that the USOAs, including the USOA for gas utilities, "shall remain in effect until such time as the Commission shall prescribe, amend, rescind or otherwise affect the USOAs currently prescribed for regulated utilities".

The Commission must still file in the Office of Legislative Services a copy of all USOA rules adopted, amended or repealed under RSA 374:8. The text of the USOA for gas utilities subject to Order No. 21,310 was last filed in Document #6623.

A copy of the USOA as referenced in Puc 507.07 may be obtained at the New Hampshire Public Utilities Commission, 21 South Fruit Street, Suite 10, Concord, New Hampshire 03301.

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