Revision: March 28, 2019, 2:21 p.m.
SB 124 - AS AMENDED BY THE SENATE
03/28/2019 1181s
2019 SESSION
19-0979
10/06
SENATE BILL 124
AN ACT relative to renewable portfolio standards after 2025.
SPONSORS: Sen. Fuller Clark, Dist 21; Sen. Kahn, Dist 10; Sen. Levesque, Dist 12; Sen. Feltes, Dist 15; Rep. Mann, Ches. 2; Rep. Oxenham, Sull. 1; Rep. Somssich, Rock. 27
COMMITTEE: Energy and Natural Resources
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AMENDED ANALYSIS
This bill revises the required minimum percentages of classes I to IV renewable energy in the electric renewable portfolio standards through the year 2040. 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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.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 1181s 19-0979
10/06
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Nineteen
AN ACT relative to renewable portfolio standards after 2025.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Minimum Electric Renewable Portfolio Standards. RSA 362-F:3 is repealed and reenacted to read as follows:
362-F:3 Minimum Electric Renewable Portfolio Standards.
I. For each year specified below, each provider of electricity shall obtain and retire certificates sufficient in number and class type to meet or exceed the percentages designated of total megawatt-hours of electricity supplied by the provider to its end-use customers that year, except to the extent that the provider makes payments to the renewable energy fund under RSA 362-F:10, II:
(a) For Class I: 8.7 percent in 2018; and an additional .9 percent each year until 2040. Within the total for Class I, the Class I useful thermal requirement shall be 1.2 percent in 2018 plus an additional .2 percent for each year until 2040. Therefore, for 2040, and years thereafter, the total for Class I shall be 31.5 percent with 5.2 percent Class I useful thermal within the total.
(b) For Class II: .5 percent in 2018; .6 percent in 2019; .7 percent in the years 2020 through 2024; and 5.4 percent in 2025, with an additional .9 percent for each year until 2040. Therefore the Class II requirement for 2040, and years thereafter, shall be 18.9 percent.
(c) For Class III: 8 percent each year.
(d) For Class IV: 1.5 percent each year.
II. Class I and II requirements are subject to the provisions of RSA 362-F:4, V.
III. Class III and IV requirements are subject to the provisions of RSA 362-F:4, VI.
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.