CHAPTER 166
HB 1647-FN-A – FINAL VERSION
18Mar2008… 0779h
2008 SESSION
03/09
HOUSE BILL 1647-FN-A
AN ACT relative to demand response program revenue.
SPONSORS: Rep. Harvey, Hills 21; Sen. Janeway, Dist 7
This bill establishes a fund for demand response program revenue to be used for energy efficiency projects, energy efficiency contracts, and demand response program expenses.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
18Mar2008… 0779h
08-2910
03/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eight
AN ACT relative to demand response program revenue.
Be it Enacted by the Senate and House of Representatives in General Court convened:
166:1 New Subparagraph; General Revenue Exceptions; Energy Efficiency Fund. Amend RSA 6:12, I(b) by inserting after subparagraph (268) the following new subparagraph:
(269) Moneys deposited in the energy efficiency fund established in RSA 21-I:19-f.
166:2 New Paragraph; State Facility Energy Cost Reduction; Definitions; Demand Response Program. Amend RSA 21-I:19-b by inserting after paragraph V the following new paragraph:
VI. “Demand response program” means a program under which the state receives payment for voluntarily reducing electricity demand in response to grid instability as dictated by the regional independent system operator or in response to high wholesale electricity prices.
166:3 New Section; State Facility Energy Cost Reduction; Energy Efficiency Fund. Amend RSA 21-I by inserting after section 19-e the following new section:
21-I:19-f Energy Efficiency Fund. There is hereby established an energy efficiency fund into which shall only be deposited moneys received by the state for participating in demand response programs. The state treasurer may invest moneys in the fund as provided by law, with interest received on such investment credited to the fund. Moneys in the fund shall be nonlapsing and continually appropriated to the division of plant and property management to be used exclusively to fund energy efficiency projects and energy efficiency contracts and to reimburse state agencies for demand response program expenses.
166:4 Effective Date. This act shall take effect July 1, 2008.
Approved: June 6, 2008
Effective Date: July 1, 2008