NH HB1475

Directs the Department of Energy to study electric distribution utilities in New Hampshire to determine what portion of distribution costs are fixed (not varying with usage) versus variable (directly related to electricity consumption)

Requires the study to evaluate specific cost categories including storm recovery costs, utility pole and infrastructure replacement costs, and capacity upgrades driven by increased electric demand

Authorizes the Department to consult with electric utilities and independent experts, with consultant costs estimated at $1,000,000 or more to be recovered through utility assessments

Mandates submission of a report with recommendations to the House Science, Technology and Energy Committee, Senate Energy and Natural Resources Committee, and Governor by November 1, 2026

Takes effect upon passage, with no state appropriation provided; utility assessment costs will be passed through to ratepayers with de minimis impact on individual bills