New Hampshire Revised Statutes 362:4-b – Gas Companies, When Public Utilities
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I. The term “public utility” shall not include any corporation, company, association, joint stock association, partnership and person, their lessee, trustee or receiver appointed by any court, or assignee, which provides, sells, delivers, or stores liquefied petroleum gas in cylinders or tanks, or who distributes liquefied petroleum gas through underground distribution systems, except for those systems regulated by the commission as of May 1, 1997.
II. Nothing in this section prevents the commission from regulating the rates and charges of the distributed propane operations of a regulated natural gas utility when those activities are provided as a temporary alternative to the provision of natural gas, and when the rates and charges are based on the cost of service of the regulated public utility.
III. Nothing in this section prevents the department of energy from monitoring or enforcing the provisions of federal pipeline safety standards relative to liquefied petroleum gas systems pursuant to the Natural Gas Pipeline Safety Act.
II. Nothing in this section prevents the commission from regulating the rates and charges of the distributed propane operations of a regulated natural gas utility when those activities are provided as a temporary alternative to the provision of natural gas, and when the rates and charges are based on the cost of service of the regulated public utility.
Terms Used In New Hampshire Revised Statutes 362:4-b
- commission: as used in this title , means the public utilities commission. See New Hampshire Revised Statutes 362:1
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
- person: may extend and be applied to bodies corporate and politic as well as to individuals. See New Hampshire Revised Statutes 21:9
- Trustee: A person or institution holding and administering property in trust.
III. Nothing in this section prevents the department of energy from monitoring or enforcing the provisions of federal pipeline safety standards relative to liquefied petroleum gas systems pursuant to the Natural Gas Pipeline Safety Act.