Bill > SB447

This bill addresses several key aspects of electricity generation and distribution in New Hampshire, focusing on reducing energy costs and expanding renewable and nuclear energy options. The bill defines "advanced nuclear resources" (ANRs) as next-generation nuclear technologies, including small modular reactors with generating capacities between 0 and 300 megawatts, and allows electric distribution utilities to issue requests for proposals for multi-year energy agreements through 2040. It increases the capacity limit for net metering from 100 to 500 kilowatts, expands the annual cap for low-moderate income community solar projects from 6 to 18 megawatts, and broadens the definition of "political subdivision" to include public housing authorities. The bill also allows group net metering members to sign agreements with multiple group hosts and provides the Public Utilities Commission authority to authorize multi-year energy agreements up to 3 million megawatt hours statewide, with special provisions for advanced nuclear resources, which can procure up to 2 million megawatt hours annually. The legislation aims to address high electricity costs, market volatility, and the need for diverse, long-term energy sources by providing more flexible options for energy procurement and generation.

Agriculture and Natural Resources

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1209&inflect=2