Bill > HB219

This bill requires the New Hampshire Department of Energy to phase out the minimum electric renewable portfolio standard (RPS) over a 5-year period, starting in 2026 and ending in 2030. The RPS is a requirement that electric utilities, competitive suppliers, and community aggregators purchase a certain percentage of electricity from renewable sources through renewable energy certificates (RECs). Under the bill, the department will reduce the minimum renewable generation percentages by 20% each year from the 2025 levels, ultimately eliminating the standard by 2030. Beginning in 2026, electric utilities will be allowed to offer default service customers up to 100 percent renewable resource generated power. The bill also requires the Department of Energy to review and report on the necessary changes for phasing out the RPS, and includes a provision to fully repeal the existing RPS requirements on December 31, 2030. The fiscal note suggests this phase-out will gradually reduce compliance costs for electric suppliers and alternative compliance payment revenues for the state, with potential modest reductions in electricity costs for state, county, and local government entities.

Budget and Finance, Business and Industry

https://gc.nh.gov/bill_status/legacy/bs2016/bill_status.aspx?lsr=0262&sy=2025&sortoption=&txtsessionyear=2025&txtbillnumber=HB219