This bill proposes a comprehensive revision of the existing energy efficiency and clean energy districts statute, replacing it with 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," while designating the New Hampshire business finance authority as the program administrator. The bill broadens the scope of the program by amending RSA 53-F:2, IV, to allow for the establishment of C-PACER districts that can encompass multiple municipalities, thereby enhancing local community efforts in energy efficiency and resiliency improvements.

Furthermore, the bill amends RSA 53-F:3 to empower municipalities in creating energy efficiency and clean energy districts, allowing them to impose voluntary special assessments on property owners for financing qualified projects. It deletes previous language that encouraged private financing and clarifies that program administration costs will be borne by participating property owners. The bill also introduces new requirements for financing agreements, including the need for property owners to report energy use data and ensures that all property taxes are current. The maximum repayment term for financing is set at 30 years, and the act is scheduled 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