This bill introduces a new legal framework for "off-grid electricity providers" in New Hampshire by amending RSA 374. It 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. The bill specifies that these providers will be exempt from certain regulations under RSA 374 as long as they operate independently and do not connect to the existing electric grid. Additionally, it clarifies that if an off-grid provider chooses to connect to the grid, it will lose its off-grid status and become subject to the regulations of RSA 374.

The bill inserts a new section, 374:3-c, which outlines the definitions and operational guidelines for off-grid electricity providers. It also states that these providers must comply with all other applicable laws unless specifically exempted. The effective date of the act is 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.