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SB 129 passes NH House 222-84

02 Jun 2017
Knollwood Energy
News from the NH CleanTech Council-NHSEA: SB 129 passed the House late yesterday on a roll vote, 222-84. 
Now it heads to the Governor for signature.
NHSEA worked incredibly hard the past 6+ months as a leader on this bill, along with its biomass and solar allies, and we thank the many of you who took time to make calls, send emails and even testify at the hearings. 
 
SB 129 will:
  • More than double the solar class II requirements, which will help out solar REC prices in the future and will help create much more solar energy in our state and grow the 1,200 solar jobs we have today.
  • Raise the biomass REC price to help keep our biomass plants and the 900 jobs that support them intact.
  • Remove the 10 kW limit on the residential solar rebate program so that we can get more bang for our buck per rebate dollar spent and allow greater electricifation of our transportation or thermal needs (such as solar PV paired with an electric vehicle or heat pump).
  • Help bring the Renewable Energy Fund benefits to more low-income customers.
  • Generate years of ratepayer savings from the thermal energy class while giving that market time to grow.
Also,the Senate passed the version of the budget as well that did NOT raid the Renewable Energy Fund and does not impede our state’s Energy Efficiency goals (EERS) from being funded as planned.  Let’s keep watch as the House has their last say in the process before it moves back to the Governor.

Kate Epsen, Executive Director, NH CleanTech Council-NHSEA

About the Author
Knollwood Energy is focused on the renewable energy markets. Our goal is the expansion of renewable energy across the United States. Our many years of expertise in trading and finance will help all of our clients in either the compliance or voluntary markets.

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