Bill > HB219

This bill modifies the state's Renewable Portfolio Standards (RPS), which require electricity providers to obtain and retire certificates representing renewable energy generation or make payments to a renewable energy fund. Specifically, it removes the "Class II" category of renewable energy sources, adjusts the requirements for "Class I" sources that produce useful thermal energy, and revises the percentages and rates for various renewable energy classes. The bill also removes inflation indexing for certain payment rates and clarifies how renewable energy production from net-metered customer-sited sources is estimated. These changes are expected to reduce revenue deposited into the Renewable Energy Fund by approximately $1.2 million annually, impacting both the fund itself and potentially the General Fund in the short term, while also leading to minor savings for state and local governments on electricity costs.

Agriculture and Natural Resources, Budget and Finance, Business and Industry

https://gc.nh.gov/bill_Status/billinfo.aspx?id=269&inflect=2