Concord
Eversource New Hampshire President Bill Quinlan said the company on Wednesday submitted a request from the Site Evaluation Committee to rehear the $1.6 billion project that was set to deliver hydropower from Canada to customers in southern New England through a 192-mile transmission line in New Hampshire.
Regulators rejected the project earlier this month over concerns about potential negative impacts. The committee has 10 days to approve or reject the rehearing request.
As part of the request, Eversource said it is offering up to $300 million in reductions to low-income and business customers in the state.
It also is offering to allocate $95 million from a previously announced $200 million community fund — $25 million to compensate for declining property values, $25 million for economic development and $25 million to promote tourism in affected areas. Another $20 million would fund energy efficiency programs. It is proposing to switch to a less invasive digging method in laying down the transmission lines that would go through the town of Plymouth, where businesses have complained about potential disruptions.
“Given the urgent need for cleaner, more affordable energy in the region, it is important that we present for consideration a solution that addresses the legitimate concerns raised during deliberations,” Quinlan said.
