DR 98-192
            Connecticut Valley Electric Company Inc.
  1999 Conservation and Load Management Percentage Adjustment
                Order Suspending Proposed Rates
                    O R D E R   N O.  23,155
                       February 26, 1999
       On November 4, 1998, Connecticut Valley Electric
     Company Inc. (CVEC) filed with the New Hampshire Public Utilities
     Commission (Commission) its Proposal for 1999 Conservation and
     Load Management (C&LM) Percentage Adjustment (C&LMPA).  CVEC
     proposed a 1999 C&LMPA which is substantially composed of the
     collection of the net present value of the net revenue loss (NRL)
     for the 1999-2024 period.  CVEC ramped down its C&LM programs
     during 1997, as authorized by the Commission in Order No. 22,536
     (March 31, 1997).  The proposed 1999 C&LMPA recovers no direct
     program spending, only the net present value of future NRL, as
     well as 1999 administrative costs and prior period
     over/undercollections.  The 1999 C&LMPA is also proposed to be
     applicable only to off-season billings in the March through
     November 1999 period.  No C&LMPA billing is proposed for the peak
     season months of January, February, and December 1999.  In its
     November 4, 1998 filing, CVEC proposed the following C&LMPAs for
     effect March 1, 1999: 2.32% for the Residential rate class and
     4.37% for the Commercial/ Industrial rate class.
       By an Order of Notice issued November 30, 1998, the
     Commission scheduled a prehearing conference for January 4, 1999. 
     On December 30, 1998, the Governor's Office of Energy and
     Community Services (ECS) filed a late Motion for Full
     Intervention.  There were no objections to ECS' motion to
     intervene.  The Office of the Consumer Advocate (OCA) is a
     statutorily recognized intervenor.  On January 11, 1999, the
     Commission issued Order No. 23,103 granting ECS's motion to
     intervene and approving the procedural schedule.
       Pursuant to the approved procedural schedule, CVEC,
     ECS, the OCA and Staff engaged in formal discovery.  On January
     25, 1999, ECS, the OCA and Staff submitted prefiled direct
     testimony.  A settlement conference was scheduled for February 5,
     1999, but was canceled by the parties as a result of telephonic
     conferences.  On February 17, 1999, CVEC, the OCA, and Staff
     entered into a Stipulation.  The Stipulation addresses all of the
     issues raised by the OCA and Staff and contains revised C&LMPAs
     reflecting the provisions of the Stipulation.  ECS was not a
     signatory to the Stipulation.  On February 18, 1999, a hearing
     was held before the Commission.
       Due to various Commission commitments, the next weekly
     Commission meeting is not scheduled until March 8, 1999. 
     Therefore, the Commission has not had an opportunity to
     deliberate this docket.  Given that CVEC filed proposed C&LMPAs
     for effect March 1, 1999 within both its initial November 4, 1998
     filing and the Stipulation, we will suspend the proposed rates to
     allow adequate time for the Commission to deliberate and issue
     its final order in this proceeding.  Further, we will order CVEC
     to continue to bill the currently effective C&LMPAs.
       Based upon the foregoing, it is hereby
       ORDERED, that CVEC's proposed Conservation and Load
     Management Percentage Adjustments are SUSPENDED; and it is
       FURTHER ORDERED, that CVEC continue to bill the C&LMPAs
     currently in effect until the final order in this docket is
       By order of the Public Utilities Commission of New
     Hampshire this twenty-sixth day of February, 1999.
           Douglas L. Patch       Susan S. Geiger     Nancy Brockway
               Chairman           Commissioner          Commissioner
     Attested by:
     Kimberly Nolin Smith
     Assistant Secretary