Craig Putnam

I oppose New Hampshire House Bill 1721 (HB1721). It is clear that the bill is specifically designed to gut the Renewable Energy Certificate (REC) system. If passed, new solar energy generation systems would be prevented from being enrolled in the program six months after the bill takes effect (e.g., the end of calendar 2026). This creates a disincentive for new solar generation installations. Furthermore, the bill is designed to “annually reduce Alternative Compliance Payment (ACP) requirements as eligible REC-producing systems decline.” The net effect of this will be more pollution from fossil fuel powered generation plants. This bill will also negatively impact Renewable Energy Fund revenues. This is because “the Department [ of Energy] states that limiting REC eligibility and mandating annual ACP reductions will likely decrease REF revenue over time.” The real goal of course is to eliminate funding for renewable energy-related positions and programs within state agencies. Please do not let this bill advance.