Lisa C Clark

This bill mandates that any funds deposited into the renewable energy fund, which exceed the costs of administration and incentive payments, must be rebated to all retail electric ratepayers in the state on a per-kilowatt-hour basis. The bill amends RSA 362-F:10, I by inserting language that specifies these rebates will be distributed in a timely manner as determined by the Public Utilities Commission. Additionally, it removes previous provisions that allocated excess funds to support various renewable energy initiatives, including thermal and electrical projects and offshore wind initiatives. The bill guts the Renewable Energy Fund to give nominal refunds to consumers (under $10 a year). DO NOT DO THIS to the people of New Hampshire!