Common use of Electric vehicles Clause in Contracts

Electric vehicles. 16.1 The Settling Parties acknowledge that matters of rate design regarding electric vehicles have been excluded from this rate case and are only included by reference in this Settlement Agreement with respect to one or more future filings by the Company in a separate docket, as discussed in paragraph 16.2(b) below. 16.2 With respect to make-ready investments supporting electric vehicle charging infrastructure, the Settling Parties agree to the following: (a) Within four months following the Commission’s approval of this Settlement Agreement, PSNH shall file a proposal for make-ready investments supporting electric vehicle charging infrastructure in New Hampshire and request that the Commission open a new docket to consider the proposal; (b) As part of the filing referenced in (a) above, PSNH shall include a proposal for an alternative to demand charges for electric vehicle charging rates unless the Commission determines otherwise in the adjudicative proceeding announced in Order No. 26,394 (August 18, 2020) in Docket No. IR 20-004; and (c) PSNH shall collaborate with interested members of the Settling Parties in developing the proposal referenced in (a) above and other stakeholders requesting to be included. 16.3 The Settling Parties expressly acknowledge that this Settlement Agreement does not include or contemplate any specific cost recovery relating to any proposed deployment or development of electric vehicle charging infrastructure. In any future proposal by the Company to support electric vehicle charging infrastructure, the Company shall include, at a minimum, information on the costs and benefits of such infrastructure which identifies the customers or customer classes to which the costs and benefits apply. The Company shall bear the burden of justifying any cost recovery proposed, and any of the Settling Parties, or other participants to the future proceeding, are free to take any position they choose relative to the proposed infrastructure investment and any proposed cost recovery.