SB168 (2019) Detail

Relative to class 2 obligations under the electric renewable portfolio standards.


SB 168 - FINAL VERSION

 

03/28/2019   1180s

6Jun2019... 1894h

2019 SESSION

19-1090

06/01

 

SENATE BILL 168

 

AN ACT relative to class 2 obligations under the electric renewable portfolio standards.

 

SPONSORS: Sen. Feltes, Dist 15; Sen. Fuller Clark, Dist 21; Sen. Watters, Dist 4; Rep. Oxenham, Sull. 1

 

COMMITTEE: Energy and Natural Resources

 

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AMENDED ANALYSIS

 

This bill increases the renewable portfolio standard requirements for new solar energy from 2019 through 2025.  The bill also provides an exemption from increases in the annual purchase percentages for certain electrical supply contracts.

 

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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.

03/28/2019   1180s

6Jun2019... 1894h 19-1090

06/01

 

STATE OF NEW HAMPSHIRE

 

In the Year of Our Lord Two Thousand Nineteen

 

AN ACT relative to class 2 obligations under the electric renewable portfolio standards.

 

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

 

1  Electric Renewable Portfolio Standard; Minimum 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, 0.8 percent in 2016, and increased annually by 0.2 percent per year from 2017 through 2023, after which it shall remain unchanged.  Class II shall increase to 0.5 percent beginning in 2018, 0.6 percent beginning in 2019, [and 0.7] 1.4 percent beginning in 2020, 2.2 percent beginning in 2021, 3.0 percent beginning in 2022, 3.8 percent beginning in 2023, 4.6 percent beginning in 2024, and 5.4 percent beginning in 2025[, otherwise].  Classes [II] III-IV shall remain at the same percentages from 2015 through 2025 except as provided in RSA 362-F:4, [V-VI] VI.  The requirements for classes I-II are subject to the provisions of RSA 362-F:4, V.

2  New Section; Minimum Electric Renewable Portfolio Standards; Exemption Period for Certain Electrical Supply Contracts.  Amend RSA 362-F by inserting after section 3 the following new section:

362-F:3-a  Exemption Period for Certain Electrical Supply Contracts.

I.  The increases in the annual purchase percentages under RSA 362-F:3 applicable to class II for 2019 and thereafter as compared to the class II annual purchase percentages in effect as of January 1, 2019, shall not apply to the megawatt-hours delivered during the contract term under any electrical power supply contract entered into before the effective date of this section, provided that the contract term in effect before such effective date has not been extended or otherwise increased after that date.

II.  Providers shall inform the commission by July 1 of each year, through July 1, 2022, of all such exempted contracts, including but not limited to, the execution date and expiration date of the contract, the basis for exemption under this section, and if applicable, the annual megawatt-hours supplied and exempted, or the annual amount of exempted methane gas certificates and the basis for exemption.  All such information filed with the commission shall be exempt from the provisions of RSA 91-A:5, IV.

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

 

VETOED July 19, 2019  -- Veto Sustained September 19, 2019

 

LBAO

19-1090

Amended 6/14/19

 

SB 168- FISCAL NOTE

AS AMENDED BY THE HOUSE (AMENDMENT #2019-1894h)

 

AN ACT relative to class 2 obligations under the electric renewable portfolio standards.

 

FISCAL IMPACT:      [ X ] State              [ X ] County               [ X ] Local              [    ] None

 

 

 

Estimated Increase / (Decrease)

STATE:

FY 2020

FY 2021

FY 2022

FY 2023

   Appropriation

$0

$0

$0

$0

   Revenue

Indeterminable

Indeterminable

Indeterminable

Indeterminable

   Expenditures

Indeterminable Increase

Indeterminable Increase

Indeterminable Increase

Indeterminable Increase

Funding Source:

  [ X ] General            [    ] Education            [ X ] Highway           [ X ] Other - Various government funds (See Methodology)

 

 

 

 

 

COUNTY:

 

 

 

 

   Revenue

Indeterminable

Indeterminable

Indeterminable

Indeterminable

   Expenditures

Indeterminable Increase

Indeterminable Increase

Indeterminable Increase

Indeterminable Increase

 

 

 

 

 

LOCAL:

 

 

 

 

   Revenue

Indeterminable

Indeterminable

Indeterminable

Indeterminable

   Expenditures

Indeterminable Increase

Indeterminable Increase

Indeterminable Increase

Indeterminable Increase

 

METHODOLOGY:

This bill as amended includes changes to the Renewable Portfolio Standard (RPS) requirements for Class II sources (solar electric) to increase the amount required to be held in the annual purchase percentages.  This bill also exempts certain electrical supply contracts from the requirements to increase the percentage of Class II sources of energy.

 

The Public Utilities Commission states that electricity providers are required to purchase an electricity portfolio consistent within the standards set in the RPS.  If the electricity providers cannot achieve the requirements of the RPS, or elect to not comply, then electricity providers must make alternative compliance payments (ACPs) to the Renewable Energy Fund (REF).  To demonstrate compliance with the RPS statute, electric providers purchase Renewable Energy Certificates (RECs) for each of the classes established within the RPS.

 

The Commission states this bill will impact state, county, and local expenditures and revenue by an indeterminable amount.  The impact would be dependent on the market of RECs and future ACP rates set by the Commission, which varies.  For example, if Class II RECs are sufficiently available to meet the electricity providers’ compliance obligations, then RECs would likely sell below the ACP rate and electricity providers would not be required to pay a higher price for RECs and/or fulfill their obligation through paying ACPs.  However, if the Class II REC supply is insufficient, then ACPs would be deposited into the REF.  Money in the REF is used to support energy projects, which may benefit governments seeking grants for renewable energy projects.

 

The Commission states this bill will increase state, county, and local government expenditures for electricity by an indeterminable amount, assuming no change in the state electricity usage.

 

AGENCIES CONTACTED:

Public Utilities Commission

 

Links

SB168 at GenCourtMobile
SB168 Discussion

Action Dates

Date Body Type
March 12, 2019 Senate Hearing
March 28, 2019 Senate Floor Vote
March 27, 2019 Senate Floor Vote
April 17, 2019 House Hearing
May 7, 2019 House Exec Session
May 7, 2019 House Exec Session
May 15, 2019 House Exec Session
House Floor Vote
June 5, 2019 House Floor Vote

Bill Text Revisions

SB168 Revision: 6680 Date: Dec. 2, 2019, 10:32 a.m.
SB168 Revision: 6311 Date: June 17, 2019, 8:13 a.m.
SB168 Revision: 6207 Date: June 7, 2019, 1:58 p.m.
SB168 Revision: 5690 Date: March 28, 2019, 3:21 p.m.
SB168 Revision: 5168 Date: Jan. 22, 2019, 8:43 a.m.

Docket


Sept. 19, 2019: Notwithstanding the Governor's Veto, Shall SB 168 Become Law: RC 14Y-10N, Veto Sustained, lacking the necessary two-thirds vote; 09/19/2019; SJ 22


July 19, 2019: Vetoed by Governor 07/19/2019


June 27, 2019: Enrolled (In recess 06/27/2019); SJ 21


June 27, 2019: Enrolled 06/27/2019 HJ 20 P. 53


June 13, 2019: Sen. Fuller Clark Moved to Concur with the House Amendment, RC 14Y-10N, MA; 06/13/2019; SJ 20


June 6, 2019: Ought to Pass with Amendment 2019-1894h: MA RC 217-139 06/06/2019 HJ 18 P. 8


June 6, 2019: Amendment # 2019-1894h: AA VV 06/06/2019 HJ 18 P. 8


: Minority Committee Report: Inexpedient to Legislate


: Majority Committee Report: Ought to Pass with Amendment # 2019-1894h (Vote 12-7; RC)


June 5, 2019: Majority Committee Report: Ought to Pass with Amendment # 2019-1894h for 06/05/2019 (Vote 12-7; RC) HC 27 P. 20


May 15, 2019: ==CONTINUED== Executive Session: 05/15/2019 10:30 am LOB 304


May 9, 2019: Subcommittee Work Session: 05/09/2019 01:30 pm LOB 304


May 7, 2019: ==RECESSED== Executive Session: 05/07/2019 10:00 am LOB 304


May 7, 2019: Full Committee Work Session: 05/07/2019 09:55 am LOB 304


April 17, 2019: Public Hearing: 04/17/2019 02:00 pm LOB 304


March 20, 2019: Introduced 03/20/2019 and referred to Science, Technology and Energy HJ 11 P. 73


March 28, 2019: Ought to Pass with Amendment 2019-1180s, RC 14Y-10N, MA; OT3rdg; 03/28/2019; SJ 11


March 28, 2019: Committee Amendment # 2019-1180s, AA, VV; 03/28/2019; SJ 11


March 28, 2019: Committee Report: Ought to Pass with Amendment # 2019-1180s, 03/28/2019; SC 15


March 27, 2019: Committee Report: Ought to Pass with Amendment # 2019-1180s, 03/27/2019; SC 15


March 12, 2019: Hearing: 03/12/2019, Room 103, SH, 10:00 am; SC 13


Jan. 3, 2019: Introduced 01/03/2019 and Referred to Energy and Natural Resources; SJ 4