Report: New Energy Projects Not Needed for N.H.’s Economic Growth

SOURCE: New Hampshire Public Radio
AUTHOR: Jason Moon

A new report from the UNH Carsey School of Public Policy says New Hampshire doesn’t necessarily need to increase energy production to grow the economy.

The report challenges a widely held economic outlook in the state that says new sources of energy, like gas pipelines or transmission wires, are needed to bring down the cost of electricity for business to grow.

According to researchers at Carsey, New Hampshire businesses and residents actually pay the same or less for electricity than in other parts of the country.

Their analysis also indicates the region’s current pipeline capacity is adequate.

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