repealing the multi-use energy data platform.

HB 723 repeals the legal requirement for electric and natural gas utilities to establish and operate a statewide multi-use energy data platform. It removes specific sections of law (RSA 378:50-54) that defined the platform, set its operational requirements, and outlined cost recovery mechanisms. This repeal prevents future costs that would have been incurred by utilities - estimated at $4.6-$7 million initially and $272,800-$416,400 annually - and passed on to ratepayers, including state and local governments. The bill becomes effective 60 days after passage.