Bill > SB538

This bill extends the eligibility for certain municipal energy projects to receive net metering compensation, a system where electricity generated by a customer is credited against their electricity usage. Specifically, it ensures that municipal projects that have applied for interconnection by December 31, 2031, and are part of a group of political subdivisions (like cities and towns), can receive compensation under existing alternative tariffs for at least 20 years from when they first receive credit, or until January 1, 2040, whichever is longer. This intervention is intended to address unforeseen delays in connecting these projects to the grid, which were shortening their compensation periods and making them economically unviable, thereby fulfilling the original intent of a 2021 law that aimed to provide these benefits to municipalities. The bill also allows these eligible projects to transition to any new net metering tariffs adopted by the Public Utilities Commission (PUC) and receive that new tariff for a 20-year term, though they cannot revert to older tariffs once they switch.

Agriculture and Natural Resources

https://gc.nh.gov/bill_Status/billinfo.aspx?id=1309&inflect=2