Reviewing the NH Legislature’s Energy Accomplishments

While there were plenty of bills up for a vote, very few were enacted

With the conclusion of the Legislature’s 2017 session, it is time to take stock of what the General Court did, and didn’t do, from an energy perspective.

While there were a number of bills proposed that would have made some significant changes to our laws governing a variety of energy issues, many of them were either retained for study over the summer and fall, after which they will be taken up during the 2018 session, or they were killed. 

New Jersey revives solar with a new law

New Jersey has passed a law that requires companies to purchase more solar energy, it has been announced. According to the bill, companies have to obtain 2.05% of their total energy from solar in the energy year (EY) 2014 under the new renewable portfolio standard. After that, the amount of solar energy required will be raised every year to 4.10% by 2028.

At the moment the amount of renewable energy companies are required to purchase is measured in GW as opposed to percentages; the bill further includes a lower cap on the prices for the Solar Renewable Energy Certificate (SREC). In passing the new bill, the New Jersey State legislature hopes to revive the solar industry in the state. The bill now has to be approved by Governor Chris Christie.

Source

Photo