New Hampshire SB590 amends RSA to allow towns to use revolving funds for energy services under approved electric aggregation plans.

New Hampshire SB590 modifies RSA 31:95-h to include facilitating the provision of energy services under approved electric aggregation plans as a permissible use of revolving funds. It also clarifies that local tax funds cannot be used for these purposes. Additionally, it updates the powers and duties of towns to specify that revolving funds can be used for financing energy conservation and efficiency improvements in energy efficiency and clean energy districts, or for facilitating transactions related to municipal group net metering. The changes take effect 60 days after the bill's passage.

New Hampshire SB590 amends RSA to allow towns to use revolving funds for energy services under approved electric aggregation plans.

New Hampshire SB590 modifies RSA 31:95-h to include facilitating the provision of energy services under approved electric aggregation plans as a permissible use of revolving funds. It also clarifies that local tax funds cannot be used for these purposes. Additionally, it updates the powers and duties of towns to specify that revolving funds can be used for financing energy conservation and efficiency improvements in energy efficiency and clean energy districts, or for facilitating transactions related to municipal group net metering. The changes take effect 60 days after the bill's passage.