This bill amends existing law to authorize municipalities to utilize revolving funds specifically for supporting energy services as outlined in approved electric aggregation plans. The new legal language added to RSA 31:95-h includes a provision that allows for the facilitation of energy services under these plans, with the stipulation that no local tax funds may be used for this purpose. Additionally, the bill modifies existing provisions regarding the use of revolving funds by removing the option for financing energy conservation and efficiency improvements solely for participating property owners and instead broadening the scope to include facilitating transactions related to municipal group net metering.

The bill also introduces a new subparagraph (h) to RSA 31:95-h, I, while deleting the previous language that allowed for financing energy conservation improvements and transactions related to municipal group net metering. The effective date of the act is set for 60 days after its passage, which is anticipated to be August 18, 2026.

Statutes affected:
Introduced: 31:95-h
As Amended by the Senate: 31:95-h
Version adopted by both bodies: 31:95-h
CHAPTERED FINAL VERSION: 31:95-h
SB590 text: 31:95-h