§1903. Legislative findings
The Legislature finds that: [PL 2013, c. 369, Pt. B, §1 (NEW).]
1. Electricity prices. It is in the public interest to decrease prices of electricity and natural gas for consumers in this State;
[PL 2015, c. 445, §3 (AMD).]
2. Natural gas expansion. The expansion of natural gas transmission capacity into this State and other states in the ISO-NE region could result in lower natural gas prices and, by extension, lower electricity prices for consumers in this State; and
[PL 2015, c. 445, §3 (AMD).]
3. Storage. Liquefied natural gas storage located in this State, under certain circumstances, may offer the potential to decrease energy costs by providing a hedge against gas price volatility caused by gas supply constraints, which in turn may lower natural gas prices and, by extension, lower electricity prices for consumers in this State.
[PL 2015, c. 445, §4 (NEW).]
SECTION HISTORY
PL 2013, c. 369, Pt. B, §1 (NEW). PL 2015, c. 445, §§3, 4 (AMD).
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