HB 1036 - AS AMENDED BY THE HOUSE
7Mar2024... 0763h
2024 SESSION
24-2478
12/05
HOUSE BILL 1036
AN ACT relative to assessment of cost effectiveness of the systems benefit charge.
SPONSORS: Rep. Harrington, Straf. 18
COMMITTEE: Science, Technology and Energy
-----------------------------------------------------------------
ANALYSIS
This bill modifies the assessment of system benefit changes cost effectiveness.
- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
7Mar2024... 0763h 24-2478
12/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to assessment of cost effectiveness of the systems benefit charge.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Restructuring Policy Principals. Amend RSA 374-F:3, VI-a(d)(4) to read as follows:
(4) Cost effectiveness. [For the purpose of the March 1, 2022 filing, and future plan offerings,] The commission's review of the cost effectiveness shall be based upon the latest completed and available Avoided Energy Supply Cost Study for New England, the results of any Evaluation, Measurement, and Valuation studies contracted for by the department of energy or joint utilities, incorporate savings impacts associated with free-ridership for those programs and measures where such free-ridership may have a material impact on savings figures[, and use the]. When reviewing cost effectiveness for program years through and including 2026, the commission shall use the Granite State Test as the primary test, with the addition of the Total Resource Cost test as a secondary test. The commission may consider modifications to the Granite State Test and different or additional tests developed through an adjudicative process and approve them by order prior to the commencement of any triennium period beginning with program year 2027, provided such order is issued no less than 12 months prior to the beginning of the triennium period to which the test is to be applied. In any review, the commission shall use benefit per unit cost as only one factor in considering whether the utilities have prioritized program offerings appropriately among and within customer classes. In no instance shall an electric utility's planned electric system savings fall below 65 percent of its overall planned annual energy savings.
2 Effective Date. This act shall take effect 60 days after its passage.
Date | Amendment |
---|---|
Feb. 23, 2024 | 2024-0763h |
Date | Body | Type |
---|---|---|
Jan. 16, 2024 | House | Hearing |
Jan. 30, 2024 | House | Exec Session |
Feb. 20, 2024 | House | Exec Session |
Feb. 20, 2024 | House | Floor Vote |
April 16, 2024 | Senate | Hearing |
April 9, 2024: Hearing: 04/16/2024, Room 103, SH, 09:40 am; SC 15
March 13, 2024: Introduced 03/07/2024 and Referred to Energy and Natural Resources; SJ 7
March 7, 2024: Ought to Pass with Amendment 2024-0763h: MA RC 184-169 03/07/2024 HJ 7
March 7, 2024: Amendment # 2024-0763h: AA DV 176-170 03/07/2024 HJ 7
Feb. 23, 2024: Committee Report: Without Recommendation 02/20/2024 (Vote 10-10; RC) HC 9 P. 30
Feb. 7, 2024: Executive Session: 02/20/2024 01:00 pm LOB 302-304
Feb. 7, 2024: Full Committee Work Session: 02/20/2024 10:00 am LOB 302-304
Jan. 22, 2024: Executive Session: 01/30/2024 03:00 pm LOB 302-304
Jan. 22, 2024: Full Committee Work Session: 01/30/2024 01:30 pm LOB 302-304
Jan. 11, 2024: Public Hearing: 01/16/2024 10:00 am LOB 302-304 HC 2 P. 2
Nov. 27, 2023: Introduced 01/03/2024 and referred to Science, Technology and Energy