This bill introduces a new legal framework for "off-grid electricity providers" in New Hampshire by amending RSA 374 to include a new section, 374:3-c. The bill defines an off-grid electricity provider as any entity that generates, transmits, distributes, or sells electricity at retail to consumers without being connected to the regulated electric grid. These providers will be exempt from certain regulations under RSA Title XXXIV, provided they operate independently and do not cross state boundaries. However, they must still comply with other applicable laws, such as municipal and state highway safety regulations.

Additionally, the bill stipulates that if an off-grid electricity provider chooses to connect to the regulated electric grid, it will lose its status as an off-grid provider and will then be subject to the regulations of RSA Title XXXIV. The act will take effect upon its passage, and the Office of Legislative Budget Assistant has indicated that the bill will have no fiscal impact on state, county, or local expenditures or revenue.