Revision: Dec. 20, 2017, 12:08 p.m.
SB 452 - AS INTRODUCED
2018 SESSION
18-2885
10/03
SENATE BILL 452
AN ACT relative to renewable energy fund incentive payments.
SPONSORS: Sen. Giuda, Dist 2; Sen. Bradley, Dist 3; Sen. Feltes, Dist 15; Sen. Fuller Clark, Dist 21; Rep. Vadney, Belk. 2; Rep. Cali-Pitts, Rock. 30
COMMITTEE: Energy and Natural Resources
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ANALYSIS
This bill allows residential owners of property who install a leased solar electric power system to receive the renewable fund incentive payments.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
18-2885
10/03
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Eighteen
AN ACT relative to renewable energy fund incentive payments.
Be it Enacted by the Senate and House of Representatives in General Court convened:
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.