This bill seeks to replace the existing energy efficiency and clean energy districts statute with a new framework called the commercial property assessed clean energy and resiliency program (C-PACER). It repeals and reenacts RSA 53-F:1, introducing new definitions such as "capital provider" and "qualifying improvement," which includes enhancements for energy conservation and resiliency. The bill amends RSA 53-F:2, IV, to broaden the program's scope by designating it as a "district," allowing municipalities to create C-PACER areas that may span multiple municipalities. The overall goal is to streamline financing for energy efficiency and resiliency projects in commercial properties across New Hampshire.

Further amendments enhance municipal authority in establishing C-PACER programs, allowing them to impose voluntary special assessments on property owners for financing qualified projects. The bill deletes previous language that encouraged private financing, emphasizing municipal management instead. It clarifies that property owners must consent to assessments and outlines a structured process for municipalities to enter agreements with property owners. Key changes also include eligibility criteria for property owners, the establishment of a C-PACER application and review process, and the stipulation that public funds cannot be used for financing agreements. The act is set to take effect on January 1, 2026.

Statutes affected:
Introduced: 53-F:2, 53-F:3, 53-F:4, 53-F:5
Version adopted by both bodies: 53-F:2, 53-F:3, 53-F:4, 53-F:5
CHAPTERED FINAL VERSION: 53-F:2, 53-F:3, 53-F:4, 53-F:5