Text to be removed highlighted in red.
1 Renewable Energy Fund; Incentive Payments; Leased Solar Electric System. Amend RSA 362-F:10, V to read as follows:
V. The public utilities commission shall make and administer a one-time incentive payment of $3 per watt of nominal generation capacity up to a maximum payment of $6,000, or 50 percent of system costs, whichever is less, per facility to any residential owner of a small renewable generation facility or any residential owner of property installing a leased solar electric power system, that would qualify as a Class I or Class II source of electricity, begins operation on or after July 1, 2008, and is located on or at the owner's residence.
2 Effective Date. This act shall take effect 60 days after its passage.
Text to be added highlighted in green.
1 Renewable Energy Fund; Incentive Payments; Leased Solar Electric System. Amend RSA 362-F:10, V to read as follows:
V. The public utilities commission shall make and administer a one-time incentive payment of $3 per watt of nominal generation capacity up to a maximum payment of $6,000, or 50 percent of system costs, whichever is less, per facility to any residential owner of a small renewable generation facility or any residential owner of property installing a leased solar electric power system, that would qualify as a Class I or Class II source of electricity, begins operation on or after July 1, 2008, and is located on or at the owner's residence.
2 Effective Date. This act shall take effect 60 days after its passage.