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Goodlander and 11 colleagues urge FERC to block NextEra-Dominion merger unless companies prove it won't raise costs

The New Hampshire Democrat says the $66.8 billion deal would put both of New England's nuclear plants, including Seabrook Station, under one owner while giving New Hampshire regulators no say.

U.S. Rep. Maggie Goodlander, D-N.H., and 11 other members of Congress have urged the Federal Energy Regulatory Commission to reject the proposed $66.8 billion merger of NextEra and Dominion unless the companies prove it will not raise costs for customers, Goodlander's office said Wednesday.

In a letter to the commission, the lawmakers argued the combined company would be "both a gigantic power generator and a gigantic power-providing utility." They said it could favor its affiliates, shift costs to ratepayers, weaken competition in power markets and discourage transmission investment that would bring lower-cost power into New England. "If the present record is insufficient to make those findings," they wrote, "the Commission should deny the application."

Goodlander's office said the deal would put Seabrook Station and Connecticut's Millstone plant, which it described as New England's only two nuclear plants, under common ownership, giving one company control of roughly a quarter of the region's electricity. Because neither company is a regulated utility in New Hampshire, the office said, the state's Public Utilities Commission has no say, leaving FERC as the only regulator able to review the deal.

The office also said the $2.25 billion in bill credits NextEra has offered to win approval would go only to Dominion customers in Virginia and the Carolinas. It cited Energy Information Administration data showing New Hampshire residential electricity rates rose more than 16% year over year.

"This deal would put Seabrook and every other nuclear plant in New England under one corporate roof, and New Hampshire wouldn't get a single vote on it," Goodlander said. "That's too much power in too few hands."

The release pointed to NextEra's opposition to the New England Clean Energy Connect transmission line, designed to bring Quebec hydropower into the region. Goodlander's office said the company spent more than $20 million in an unsuccessful attempt to block the project, and that FERC ordered NextEra to carry out delayed upgrades at Seabrook needed to connect the line, an order a federal appeals court upheld in 2024.

The release did not include a response from NextEra or Dominion.

This brief was drafted by AI from a public agency or political press release and published by The New England Signal. Why we use AI for stories like this one.

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