Bill will allow New Hampshire to continue to expand renewable energy by raising the cap on net metering
Senate Democrats praised the passage of legislation to ensure the growth of renewable energy in New Hampshire during today’s Senate session. SB 333 raises the cap on group net metering and SB 378 ensures that space under the group net metering cap is being taken up only by those who are participating in the program, not speculators trying to game the system.
“Passage of this critical legislation is great not only for our growing renewable energy market, but also for our economy and all electric ratepayers,” said Sen. Molly Kelly, author of the original group net metering law enacted in 2013. “Even though we have only had group net metering for a few years, renewable energy, particularly the solar market, has exploded across New Hampshire thanks to this program. It is critical for us to raise the cap to ensure the sustained growth of solar and other renewable energy sources here in New Hampshire that not only save Granite Staters money, but sustains thousands of good-paying jobs.”
“In the rapidly-growing renewable energy market, making changes to a vital program like group net metering is no easy task. But SB 333 and SB 378 offer meaningful progress to allow our renewable energy market to grow,” said Sen. Dan Feltes, member of the Senate Energy and Natural Resources Committee. “I urge our colleagues in the House to move quickly to pass SB 333 and SB 378 to continue the growth of renewable energy and our green job sector.”
“It was only a year ago that utilities testified that they were nowhere near the metering cap,” said Sen. Donna Soucy, prime sponsor of SB 378. “But the market has grown so rapidly that we needed to address the group net metering cap as soon as possible, as we did with SB 333. Part of the reason why we reached the cap so quickly was due to speculative developers taking up space under the cap while not yet providing service to customers. SB 378 addresses these concerns and ensures that families and businesses that the program was designed to benefit can take advantage of this rapidly-growing market.”
Governor Maggie Hassan also praised the passage of SB 333.
“Solar is one of many clean energy resources in New Hampshire that contributes to a diverse and reliable energy supply, and businesses and families across the state are utilizing solar to lower their energy bills and to increase their energy independence. The success of New Hampshire’s clean energy economy is creating good-paying, high-quality jobs, spurring economic development and helping combat climate change, and New Hampshire recently ranked as one of the top-five renewable energy states,” stated Hassan.
“We must continue to build on this progress, and lifting the cap on net metering is essential to those efforts. I commend the Senate for its bipartisan vote to pass this critical measure, and I encourage the House to take similar action as quickly as possible so that we can continue our efforts to build a more innovative and more affordable energy future,” added Hassan.