This bill establishes a multi-agency task force in New Hampshire to explore the potential implementation of a Residential Property Assessed Clean Energy or Resiliency (R-PACER) program. The task force will study the costs and benefits of such a program, drawing on lessons learned from the existing Commercial Property Assessed Clean Energy or Resiliency (C-PACER) program. It will assess various aspects of R-PACER, including eligible improvements, consumer protections, lender assessments, and regulatory structures. The task force is tasked with making recommendations on whether to implement the R-PACER program, identifying the appropriate state agency for administration, and proposing a timeline for implementation.

The bill includes the insertion of a new section, RSA 162-A:32, which outlines the establishment and responsibilities of the task force, while also specifying its membership and reporting requirements. Notably, it also includes a repeal clause for RSA 162-A:32, which will take effect on June 30, 2027, indicating that the task force's findings and recommendations must be reported by that date. The remainder of the act will take effect upon its passage, emphasizing the urgency of addressing the increasing risks posed by climate change and flooding in New Hampshire.

Statutes affected:
Introduced: 162-A:32