Amendment 2024-0423s to SB540 (2024)

Requiring the department of energy to investigate behind the meter and utility scale energy storage.


Revision: Feb. 7, 2024, 9:46 a.m.

Sen. Watters, Dist 4

February 1, 2024

2024-0423s

06/08

 

 

Amendment to SB 540

 

Amend RSA 374-H:3, II(a) through (b) as inserted by section 2 of the bill by replacing it with the following:

 

(a)  How public policy can best establish accurate and efficient price signals for

energy storage projects that avoid actual transmission and distribution costs or

reduce wholesale electricity market prices.

(b)  How best to encourage both utility and non-utility investments in energy

storage projects.

 

Amend RSA 374-H:3, IV and V as inserted by section 2 of the bill by replacing it with the following:

 

IV.  The department shall report its findings and recommendations to the standing committees of the house of representatives and senate with jurisdiction over energy and utility matters no later than December 30, 2025, for the duties outlined in RSA 374-H:3, II, and no later than December 30, 2026, for the duties outlined in RSA 374-H:3, III.  The reports shall identify ways any recommended statutory changes can minimize any potential conflict with the restructuring policy principles of RSA 374-F, V.  The department shall engage any consultants necessary to complete its work by December 30, 2026, and assess electric distribution utilities for the cost thereof in conformance with RSA 365:37.

 

Amend the bill by replacing section 3 with the following:

 

3  Effective Date.  This act shall take effect upon its passage.