Extends net metering eligibility terms for municipal energy projects in New Hampshire to 20 years.

New Hampshire SB538 extends the net metering eligibility terms for municipal energy projects to 20 years. This change addresses the economic viability of municipal projects delayed by interconnection backlogs. The bill amends RSA 362-A:9 to ensure that eligible customer-generators receive compensation for 20 years from the first day of compensation, aligning with the intent of House Bill 315 passed in 2021. This act aims to make the benefits of group net metering available to municipalities across the state, ensuring they receive the benefits promised through the legislation.

Extends net metering eligibility terms for municipal energy projects in New Hampshire to 20 years.

New Hampshire SB538 extends the net metering eligibility terms for municipal energy projects to 20 years. This change addresses the economic viability of municipal projects delayed by interconnection backlogs. The bill amends RSA 362-A:9 to ensure that eligible customer-generators receive compensation for 20 years from the first day of compensation, aligning with the intent of House Bill 315 passed in 2021. This act aims to make the benefits of group net metering available to municipalities across the state, ensuring they receive the benefits promised through the legislation.