Bill

Bill > HB504


NH HB504

Relative to the state energy policy.


summary

Introduced
01/14/2025
In Committee
05/01/2025
Crossed Over
03/11/2025
Passed
Dead

Introduced Session

2025 Regular Session

Bill Summary

This bill revises the state energy policy to promote affordable, reliable, diverse, and secure energy resources for the health, safety, and welfare of its citizens.

AI Summary

This bill revises New Hampshire's state energy policy to provide a more comprehensive framework for energy resource development and management. The bill amends existing law to explicitly outline six key policy principles: promoting the development of diverse and reliable energy resources while allowing customer choice, enhancing energy independence by removing regulatory barriers to innovation, allowing market forces to drive energy resource use with limited government intervention, pursuing energy conservation and efficiency through market principles, maintaining an environment that balances affordable consumer prices with energy reliability and public health, and ensuring regulatory processes that appropriately balance economic costs with necessary review. Specifically, the bill emphasizes the state's commitment to fostering a range of technology types, including on-demand and distributed energy sources, while promoting market-based mechanisms and avoiding prolonged economic advantages for specific technologies. The new policy seeks to create a flexible regulatory environment that supports energy innovation, ensures grid reliability, protects consumer interests, and maintains the financial stability of utilities, with an explicit focus on achieving affordable, reliable, diverse, and secure energy resources for the state's citizens and environment. The bill will take effect 60 days after its passage.

Committee Categories

Agriculture and Natural Resources, Business and Industry

Sponsors (10)

Last Action

Ought to Pass with Amendment #2025-1813s, Motion Adopted, Voice Vote; OT3rdg; 05/08/2025; Senate Journal 12 (on 05/08/2025)

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