HB 460-FN - AS INTRODUCED
2025 SESSION
25-0890
11/09
HOUSE BILL 460-FN
AN ACT relative to utility investments in distributed energy resources.
SPONSORS: Rep. McGhee, Hills. 35; Rep. Cormen, Graf. 15; Sen. Watters, Dist 4
COMMITTEE: Science, Technology and Energy
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ANALYSIS
This bill further defines a factor that the public utilities commission must consider to determine public interest prior to authorizing a utility's rate recovery for its portion of investments.
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Explanation: Matter added to current law appears in bold italics.
Matter removed from current law appears [in brackets and struckthrough.]
Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
25-0890
11/09
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Five
AN ACT relative to utility investments in distributed energy resources.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Electric Utility Investment in Distributed Energy Resources; Rate Filing; Authorization. Amend RSA 374-G:5, II(f) to read as follows:
(f) The effect on competition within the region's electricity markets and the state's energy services market, including the extent to which utility rates, tariffs, metering, data sharing, consolidated billing, and load estimation and settlement processes enable customer-generators and limited producers under RSA 362-A to be able to realize credit for value produced and costs avoided comparable to those benefits claimed in the electric utility’s proposal to support its proposed investment.
2 Effective Date. This act shall take effect upon its passage.
25-0890
12/23/24
HB 460-FN- FISCAL NOTE
AS INTRODUCED
AN ACT relative to utility investments in distributed energy resources.
FISCAL IMPACT: This bill does not provide funding, nor does it authorize new positions.
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Estimated State Impact | ||||||
| FY 2025 | FY 2026 | FY 2027 | FY 2028 | ||
Revenue | $0 | $0 | $0 | $0 | ||
Revenue Fund(s) | None | |||||
Expenditures* | $0 | Indeterminable | Indeterminable | Indeterminable | ||
Funding Source(s) | Utility Assessments | |||||
Appropriations* | $0 | $0 | $0 | $0 | ||
Funding Source(s) | None | |||||
*Expenditure = Cost of bill *Appropriation = Authorized funding to cover cost of bill | ||||||
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Estimated Political Subdivision Impact | ||||||
| FY 2025 | FY 2026 | FY 2027 | FY 2028 | ||
County Revenue | $0 | $0 | $0 | $0 | ||
County Expenditures | $0 | Indeterminable | Indeterminable | Indeterminable | ||
Local Revenue | $0 | $0 | $0 | $0 | ||
Local Expenditures | $0 | Indeterminable | Indeterminable | Indeterminable | ||
METHODOLOGY:
This bill further defines a factor that the Public Utilities Commission (PUC) must consider to determine public interest prior to authorizing a utility's rate recovery for its portion of investments.
The PUC indicates this bill appears to expand the scope of the Commission’s review utilities' investment in distributed energy resources effect on competition within the region’s electricity markets and the state’s energy services market. The Commission does not fully understand the effect or intent of this added provision as pertaining to the Commission’s established processes under RSA 374-G. The Commission cannot estimate the precise level of additional personnel or consultant resources required to address the bill's additional requirements in every RSA 374-G review, nor does the Commission know how it could develop relevant evidence to address this question within such a review process. The PUC states the effect of the bill on State expenditures, utility rates and on county and local government expenditures is indeterminable.
It is assumed that any fiscal impact would occur after FY 2025.
AGENCIES CONTACTED:
Public Utilities Commission