Attached files
| file | filename |
|---|---|
| EX-34.2 - EXHIBIT 34.2 - PSNH FUNDING LLC 3 | tm2110548d1_ex34-2.htm |
| EX-35.1 - EXHIBIT 35.1 - PSNH FUNDING LLC 3 | tm2110548d1_ex35-1.htm |
| EX-33.2 - EXHIBIT 33.2 - PSNH FUNDING LLC 3 | tm2110548d1_ex33-2.htm |
| EX-33.1 - EXHIBIT 33.1 - PSNH FUNDING LLC 3 | tm2110548d1_ex33-1.htm |
| EX-31.1 - EXHIBIT 31.1 - PSNH FUNDING LLC 3 | tm2110548d1_ex31-1.htm |
| 10-K - FORM 10-K - PSNH FUNDING LLC 3 | tm2110548d1_10k.htm |
Exhibit 34.1
 | Deloitte & Touche LLP Hartford, CT 06103-3402
Tel: +1 860 725 3000 Fax: +1 860 725 3500 www.deloitte.com |
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Board of Directors of
Public Service Company of New Hampshire
Hartford, Connecticut
We have examined management's assertion for the Public Service Company of New Hampshire and subsidiaries (“PSNH” or the “Company”) regarding compliance with the servicing criteria set forth in Item 1122(d) of the Securities and Exchange Commission's Regulation AB (“Regulation AB”) for the Rate Reduction Bonds Series 2018-1 (the "Platform") as of and for the year ended December 31, 2020, excluding criteria items 1122(d)(1)(ii), 1122(d)(1)(iii), 1122(d)(1)(iv), 1122(d)(2)(iii), 1122(d)(2)(vi), 1122(d)(4 )(iii), 1122(d)(4)(v), 1122(d)(4)(ix), 1122(d)(4)(x), 1122(d)(4)(xi), 1122(d)(4)(xii), 1122(d)(4)(xiii), and 1122(d)(4)(xv), which management has determined are not applicable to the activities performed by the Company with respect to the Platform. PSNH’s management is responsible for the Company's compliance with the servicing criteria. Our responsibility is to express an opinion on management's assertion about the Company's compliance with the servicing criteria based on our examination.
Our examination was conducted in accordance with the standards of the Public Company Accounting Oversight Board (United States) and attestation standards established by the American Institute of Certified Public Accountants, and, accordingly, included examining, on a test basis, evidence about the Company's compliance with the applicable servicing criteria, including tests on a sample basis of the servicing activities related to the Platform, determining whether the Company performed those selected activities in compliance with the servicing criteria during the specified period, and performing such other procedures as we considered necessary in the circumstances. Our procedures were limited to selected servicing activities performed by the Company during the period covered by this report and, accordingly, such samples may not have included servicing activities related to each item included in the Platform. An examination involves performing procedures to obtain evidence about management’s assertion. The nature, timing, and extent of the procedures selected depend on our judgment, including an assessment of the risks of material misstatement of management’s assertion, whether due to fraud or error. We believe that the evidence we obtained is sufficient and appropriate to provide a reasonable basis for our opinion. Our examination does not provide a legal determination on the Company's compliance with the servicing criteria.
In our opinion, management's assertion that the Company complied with the applicable servicing criteria as of and for the year ended December 31, 2020 for the Platform is fairly stated, in all material respects.
/s/ Deloitte & Touche LLP
March 26, 2021