Economic & Community Benefits
OF BENEFITS WILL GO TO NH CUSTOMERS AND COMMUNITIES
All of the natural gas transported and stored as part of the Granite Bridge project will be used to serve customers in New Hampshire. None of the natural gas would go to serve customers in other states or countries.
NO EMINENT DOMAIN
Granite Bridge will be completely within an established energy infrastructure corridor.
Savings from new pipeline compared to upgrading existing infrastructure.
SAVINGS TO CUSTOMERS
Total project savings
Savings from LNG Storage Facility compared to alternative supply contracts.
$440 million investment
direct full-time construction jobs
Had the LNG facility been operational over the last 5 winters, Liberty Utilities customers would have saved:
$122 million in fuel costs over the last
$41 million in 2013-14
$29 million in 2014-15
$16 million in 2015-16
$13 million in 2016-17
$23 million in 2017-18
Natural gas is a low cost heating fuel option. Access to natural gas is a critical component to support economic growth.
The project will create 330 full-time construction jobs and 15 permanent, full-time jobs. Liberty Utilities has entered into an agreement with the NH Building Trades Council to maximize the use of local, New Hampshire-based, skilled labor throughout the Granite Bridge project.
$200+ million estimated total state and local property tax revenue for communities over the life of the project.
Opportunity for new natural gas service to towns along Route 101. Granite Bridge would provide the opportunity for natural gas service to Candia, Raymond and Epping, which currently don’t have a natural gas provider.