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1 Energy Efficiency Fund and Use of Auction Proceeds. Amend RSA 125-O:23, II to read as follows:
II. All amounts in excess of the threshold price, minus administrative costs, of $1 $0 for any allowance sale shall be rebated to all retail electric ratepayers in the state on a per-kilowatt-hour basis, in a timely manner to be determined by the commission.
2 Repeal. The following are repealed:
I. RSA 125-O:23, III-V, relative to use of remaining proceeds received by the state from the sale of allowances.
II. RSA 374-F:6, V, relative to the duty of the oversight committee on electric utility restructuring to monitor core energy efficiency programs pursuant to RSA 125-O:23, III.
3 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 Energy Efficiency Fund and Use of Auction Proceeds. Amend RSA 125-O:23, II to read as follows:
II. All amounts in excess of the threshold price, minus administrative costs, of $0 for any allowance sale shall be rebated to all retail electric ratepayers in the state on a per-kilowatt-hour basis, in a timely manner to be determined by the commission.
2 Repeal. The following are repealed:
I. RSA 125-O:23, III-V, relative to use of remaining proceeds received by the state from the sale of allowances.
II. RSA 374-F:6, V, relative to the duty of the oversight committee on electric utility restructuring to monitor core energy efficiency programs pursuant to RSA 125-O:23, III.
3 Effective Date. This act shall take effect 60 days after its passage.