Interim Changes in Program Budgets. Notwithstanding the provisions of section 2.1.6 of the September 1 Plan, the Settling Parties stipulate and agree to certain adjustments with respect to the obligation of the NH Utilities to notify the Commission of changes to program budgets. Specifically, once budgets are approved by the Commission, there shall be no movement of funds between the residential and C&I customer sectors unless specifically approved by the Commission. In addition, no funds shall be transferred from the Home Energy Assistance (“HEA”) program without prior approval by the Commission. The NH Utilities shall notify the Commission if an individual program’s actual expenditures are forecast to exceed 120 percent of the program’s 36-month budget.
Appears in 2 contracts
Sources: Settlement Agreement, Settlement Agreement