Bill Text - HB114 (2018)

Relative to minimum electric renewable portfolio standards.


Revision: Jan. 30, 2017, 3:50 p.m.

HB 114 - AS INTRODUCED

 

 

2017 SESSION

17-0681

06/05

 

HOUSE BILL 114

 

AN ACT relative to minimum electric renewable portfolio standards.

 

SPONSORS: Rep. Barry, Hills. 21; Rep. Vose, Rock. 9; Rep. Vadney, Belk. 2

 

COMMITTEE: Science, Technology and Energy

 

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ANALYSIS

 

This bill reduces the percentage of total megawatt-hours of electricity from class I sources to be supplied by each producer to its customers in 2025 and thereafter under the minimum electric renewable portfolio standards.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

17-0681

06/05

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Seventeen

 

AN ACT relative to minimum electric renewable portfolio standards.

 

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

 

1  Minimum Electric Renewable Portfolio Standards.  Amend RSA 362-F:3 to read as follows:

362-F:3  Minimum Electric Renewable Portfolio Standards.  For each year specified in the table below, each provider of electricity shall obtain and retire certificates sufficient in number and class type to meet or exceed the following percentages of total megawatt-hours of electricity supplied by the provider to its end-use customers that year, except to the extent that the provider makes payments to the renewable energy fund under RSA 362-F:10, II:

2008 2009 2010 2011 2012 2013 2014 2015 2025 and thereafter

Class I 0.0% 0.5% 1% 2% 3% 3.8% 5% 6% [15%] 6% (*)

Class II 0.0% 0.0% 0.04% 0.08% 0.15% 0.2% 0.3% 0.3% 0.3%

Class III 3.5% 4.5% 5.5% 6.5% 1.4% 1.5% 3.0% 8.0% 8.0%

Class IV 0.5% 1% 1% 1% 1% 1.3% 1.4% 1.5% 1.5%

2  Minimun Electric Renewable Portfolio Standards.  Amend the footnote to RSA 362-F:3 to read as follows:

*[Class I increases an additional 0.9 percent per year from 2015 through 2025.]  A set percentage of the class I totals shall be satisfied annually by the acquisition of renewable energy certificates from qualifying renewable energy technologies producing useful thermal energy as defined in RSA 362-F:2, XV-a.  The set percentage shall be 0.4 percent in 2014, 0.6 percent in 2015, 1.3 percent in 2016, and increased annually by 0.1 percent per year from 2017 through 2023, after which it shall remain unchanged.  Classes II-IV remain at the same percentages from 2015 through 2025 except as provided in RSA 362-F:4, V-VI.  

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