relative to electric utility rate classification and cost allocation for condominium associations.

HB 1432 clarifies how condominium associations in New Hampshire must handle electricity billing for shared residential services like septic systems and well pumps. It requires associations to split these costs equally among the residential units sharing a single meter, regardless of the association’s billing arrangement with the utility. Condo associations without commercial use can request that utilities apply the standard residential rate for these specific services, effective in the next billing cycle after the request. Utilities are not required to verify whether the association meets the requirements or confirm the meter’s residential use. This bill directly affects residential condo associations managing shared utility infrastructure.