HB 1364 - AS INTRODUCED
HOUSE BILL 1364
SPONSORS: Rep. Harrington, Straf. 3
COMMITTEE: Science, Technology and Energy
This bill removes the requirement for class III (biomass) payments to the renewable energy fund for compliance with 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty
Be it Enacted by the Senate and House of Representatives in General Court convened:
I. Biomass, while a renewable fuel source, contributes to global climate change through greenhouse gas emissions, and therefore should not be subsidized as a clean fuel source.
II. Other New England states have already removed the requirement for biomass derived electricity in their respective renewable portfolio standards.
III. Biomass plants in the region are not cost competitive with other sources of renewable energy and therefore will require permanent ratepayer subsidies.
II. In lieu of meeting the portfolio requirements of RSA 362-F:3 for a given year if, and to the extent sufficient certificates are not otherwise available at a price below the amounts specified in this paragraph, an electricity provider may, at the time of report submission for that year under RSA 362-F:8, make payment to the commission at the following rates for each megawatt-hour not met for a given class obligation through the acquisition of certificates:
(a) Class I - $55, except for that portion of the class electric renewable portfolio standards to be met by qualifying renewable energy technologies producing useful thermal energy under RSA 362-F:3 which shall be $25 beginning January 1, 2013.
(b) Class II - $55.
(c) Class III - [$31.50] $0.
(d) Class IV - $26.50.
III.(a) Beginning in  2020, the commission shall adjust these rates by January 31 of each year using the Consumer Price Index as published by the Bureau of Labor Statistics of the United States Department of Labor for [classes III and] class IV and 1/2 of such Index for classes I and II.
(b) In lieu of the adjustments under subparagraph (a) for class III in 2015 and 2016, the class rate in each of those years shall be $45. In lieu of the adjustments under subparagraph (a) for class III in 2017, 2018, and 2019, the class rate in each of those years shall be $55.
(c) [By January 31, 2020 the commission shall compute] The 2020 and subsequent years' class III rate [to equal the rate that would have resulted in 2020 by the application of subparagraph (a) to the 2013 rate and each subsequent year's rate to 2020.
(d) In 2021 and thereafter, the class III rate shall be determined by application of subparagraph (a) to the prior year's rate] shall be $0.
|Feb. 4, 2020||House||Hearing|
|Feb. 12, 2020||House||Exec Session|
|Feb. 19, 2020||House||Floor Vote|
|Jan. 8, 2020||Introduced 01/08/2020 and referred to Science, Technology and Energy HJ 1 P. 19|
|Feb. 4, 2020||Public Hearing: 02/04/2020 11:00 am LOB 304|
|Feb. 12, 2020||Executive Session: 02/12/2020 10:00 am LOB 304|
|Majority Committee Report: Inexpedient to Legislate (Vote 12-7; RC)|
|Feb. 19, 2020||Majority Committee Report: Inexpedient to Legislate for 02/19/2020 (Vote 12-7; RC) HC 7 P. 25|
|Minority Committee Report: Ought to Pass|
|Feb. 19, 2020||Inexpedient to Legislate: MA DV 212-121 02/19/2020|