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1 Electric Utility Investment in Distributed Energy Resources. Amend RSA 374-G:4, II-III to read as follows:
II. Distributed electric generation owned by or receiving investments from an electric utility under this section shall be limited to a cumulative maximum in megawatts of 6 percent of the utility's total distribution peak load in megawatts. This limitation shall not apply to front-of-meter energy storage, the energy storage pilot approved by commission order number 26,209, or demand response.
III. In addition, once the cumulative generation authorized under this chapter for a given public utility reaches 3 percent of the utility's total distribution peak load in megawatts, then that utility shall not be allowed to add any additional non-renewable generation under this chapter, until the cumulative renewable generation installed pursuant to this chapter, as a percentage of total generation installed pursuant to this chapter, shall equal or exceed twice the sum of the then-applicable percentage requirements for class I and class II under RSA 362-F:3.
2 Electric Utility Investment in Distributed Energy Resources; Authorization. Amend RSA 374-G:5, II(h) to read as follows:
(h) Whether the expected value of the economic benefits of the investment to the utility's ratepayers over the life of the investment outweigh the economic costs to the utility's ratepayers.
3 Effective Date. This act shall take effect 60 days after its passage.
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1 Electric Utility Investment in Distributed Energy Resources. Amend RSA 374-G:4, II-III to read as follows:
II. Distributed electric generation owned by or receiving investments from an electric utility under this section shall be limited to a cumulative maximum in megawatts of front-of-meter, the energy storage pilot approved by commission order number 26,209,III. In addition, once the cumulative generation authorized under this chapter for a given public utility reaches 3 percent of the utility's total distribution peak load in megawatts, then that utility shall not be allowed to add any additional non-renewable generation under this chapter, until the cumulative renewable generation installed pursuant to this chapter, as a percentage of total generation installed pursuant to this chapter, shall equal or exceed twice the sum of the then-applicable percentage requirements for class I and class II under RSA 362-F:3.*
2 Electric Utility Investment in Distributed Energy Resources; Authorization. Amend RSA 374-G:5, II(h) to read as follows:
(h) Whether the expected value of the economic benefits , direct and indirect, of the investment to the utility's ratepayers over the life of the investment outweigh the economic costs to the utility's ratepayers.
3 Effective Date. This act shall take effect 60 days after its passage.