HB 1036 - AS INTRODUCED
2024 SESSION
24-2478
12/05
HOUSE BILL 1036
AN ACT relative to assessment of cost effectiveness of the systems benefit charge.
SPONSORS: Rep. Harrington, Straf. 18
COMMITTEE: Science, Technology and Energy
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ANALYSIS
This bill modifies the assessment of system benefit changes cost effectiveness.
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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Matter which is either (a) all new or (b) repealed and reenacted appears in regular type.
24-2478
12/05
STATE OF NEW HAMPSHIRE
In the Year of Our Lord Two Thousand Twenty Four
AN ACT relative to assessment of cost effectiveness of the systems benefit charge.
Be it Enacted by the Senate and House of Representatives in General Court convened:
1 Restructuring Policy Principals. Amend RSA 374-F:3, VI-a(d)(4) to read as follows:
(4) Cost effectiveness. For the purpose of the March 1, 2022 filing, [and future plan offerings,] the commission's review of the cost effectiveness shall be based upon the latest completed and available Avoided Energy Supply Cost Study for New England, the results of any Evaluation, Measurement, and Valuation studies contracted for by the department of energy or joint utilities, incorporate savings impacts associated with free-ridership for those programs and measures where such free-ridership may have a material impact on savings figures, and use the Granite State Test as the primary test, with the addition of the Total Resource Cost Test as a secondary test. The commission shall use benefit per unit cost as only one factor in considering whether the utilities have prioritized program offerings appropriately among and within customer classes. In no instance shall an electric utility's planned electric system savings fall below 65 percent of its overall planned energy savings.
2 Effective Date. This act shall take effect 60 days after its passage.