Budget Proposal Would Send Renewable Energy Fund Money Back to Ratepayers

The NH House will be voting on cutting back on renewable energy and perhaps energy efficiency on Wednesday, but most lawmakers probably wouldn’t know it. That’s because the two small energy clauses are tucked into the 45,000-word House Bill 2, the companion bill to the budget.

The two energy clauses in HB 2 won’t affect state spending, but they may have an impact on ratepayers. One clause would rebate a fifth of the money in the state’s Renewable Energy Fund, or REF – paid by utilities that fail to meet renewable energy portfolio standards – back to ratepayers. Currently, all of the fund’s money supports renewable energy programs.

The Senate has a different idea. Keep Reading…

NHBR

About Steve Mac Donald

Husband, Dad, Dog Lover, Blogger, (sometimes) Radio Co-Host, Free Speech Facilitator, Climate Denier, Gun Owner, info-junkie, ...
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