HB855 (2008) Detail

Relative to renewable energy generation incentive payments.


HB 855 – AS INTRODUCED

2007 SESSION

07-0387

06/05

HOUSE BILL 855

AN ACT relative to renewable energy generation incentive payments.

SPONSORS: Rep. Kaelin, Hills 4; Rep. C. Chase, Hills 2; Sen. Fuller Clark, Dist 24; Sen. Cilley, Dist 6

COMMITTEE: Science, Technology and Energy

ANALYSIS

This bill establishes incentive payments for renewable generation facilities.

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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

07-0387

06/05

STATE OF NEW HAMPSHIRE

In the Year of Our Lord Two Thousand Seven

AN ACT relative to renewable energy generation incentive payments.

Be it Enacted by the Senate and House of Representatives in General Court convened:

1 New Section; Renewable Energy Incentive Payments. Amend RSA 362-A by inserting after section 6-a the following new section:

362-A:6-b Renewable Energy Incentive Payments.

I. The public utilities commission shall pay to renewable generation facilities, as defined in RSA 72:73, $2 per watt of nominal generation capacity up to a maximum payment of $4,000 per facility.

II. Such payments shall be allocated from system benefits charge funds as defined in RSA 125-O:2.

2 Effective Date. This act shall take effect 60 days after its passage.