Tony Giunta, David Worthen and Cordell Johnston, NH Business Review
Summary
New Hampshire’s businesses and municipalities are continually searching for opportunities that can help them reduce their electricity costs, enhance revenues and become more energy independent. Net metering under Senate Bill 446 will provide just such opportunities, along with numerous other benefits, which is why we are strongly urging Governor Sununu to sign this bill into law.
Did you know that there are already more than 100 New Hampshire businesses, municipalities and school districts that are net metering under current law and seeing real savings off their electricity bills? This translates into savings for taxpayers and keeps our energy dollars in-state.
However, there is a problem. The current net metering law caps project eligibility at 1 megawatt, thus interfering with market-driven supply to meet the growing demand. Larger electricity users that want to net meter can’t, and those that want to participate in group net metering are faced with the reality that virtually all electricity produced by eligible projects below 1 MW is already spoken for.
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