Revision: Feb. 23, 2024, 2:34 p.m.
Rep. Harrington, Straf. 18
Rep. Vose, Rock. 5
February 20, 2024
2024-0763h
12/05
Amendment to HB 1036
Amend the bill by replacing section 1 with the following:
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.