This bill aims to extend the eligibility terms for municipal energy projects to receive net metering compensation under alternative tariffs approved by the Public Utilities Commission. Specifically, it introduces a new paragraph to RSA 362-A:9, which stipulates that eligible customer-generators, particularly those serving political subdivisions, will be able to receive compensation for the longer of 20 years from the first year of receiving compensation or until January 1, 2040. Additionally, if new net metering tariffs are adopted, these customer-generators can transition to the new tariffs while maintaining the 20-year compensation period, although they cannot revert back to the previous alternative tariff once they make the switch.

The bill addresses the challenges faced by municipalities in New Hampshire due to unforeseen interconnection delays that have hindered the timely implementation of distributed energy resources. By restoring a 20-year net metering term, the legislation seeks to ensure the financial viability of municipal projects, aligning with the intent of House Bill 315 passed in 2021. The bill does not allocate new funding or positions but anticipates an increase in state expenditures starting in FY 2027 due to the expected rise in group net metering applications, which may necessitate additional staffing within the Department of Energy.

Statutes affected:
Introduced: 362-A:9
SB538 text: 362-A:9