[NEWS] New Hampshire House Passes Biomass Industry-Backed Energy Bill
– by Bob Sanders, June 7, 2017, NH Business Review
The NH House has overwhelmingly passed Senate Bill 129, a bill that boosts the wood and solar industry, but could also raise electric bills.
The bill, which was approved a 222-84 vote on June 1, has pitted the Business and Industry Association of New Hampshire against other business groups, such as the NH Clean Tech Council and the NH Timberland Owners Association.
The fight is far from over yet. The Senate still has to approve of House changes to the bill – which could happen on Thursday – or the measure could go to a committee of conference. And whatever emerges still could face a gubernatorial veto, if the BIA has its way.
SB 129 tinkers with the state’s renewable energy standards, which require that utilities gradually increase the percentage of renewable sources of energy in their portfolio to 25 percent by 2025, or go out and pay into the Renewable Energy Fund, which the state uses to subsidize the renewable energy industry.
READ MORE at NH Business Review