House Leaders Comment on Changes to New Hampshire Renewable Portfolio Standards

CONCORD – House Speaker William O’Brien and Chairman of the House Science, Technology and Energy Committee, Rep. James Garrity, today commented on the passage of the committee of conference report on Senate Bill 218, which makes changes to the New Hampshire Renewable Portfolio Standards (RPS) law.  Beginning with the House amended version of the bill, the conferees made mutually agreed upon adjustments to renewable energy percentages, alternative compliance payments and timing provisions covering the years 2013-2025.  SB 218 passed 292 to 52.

House Speaker William O’Brien

“The resulting compromise has the potential to save electric ratepayers millions compared to current law. It also will benefit local industries like small timber harvesters and wood energy companies. This is another step to bring back jobs to New Hampshire and save money for New Hampshire citizens.”

Rep. James Garrity, Chairman House Science, Technology and Energy Committee

“This bill is good for electric ratepayers and good for the New Hampshire economy. It’s a win-win.”