[NEWS] New Hampshire Governor Signs Bill Extending Subsidies to Biomass Facility
– by Daniela Allee, June 27, 2018, NHPR
Governor Sununu signed a bill on Wednesday that would extend the subsidy for the Burgess BioPower biomass plant in Berlin by three years.
Under a 2011 agreement, Eversource pays Burgess at above-market prices. That’s capped at 100 million dollars, but that could be reached sooner than anticipated.
So, with this new bill, the subsidy will continue for three years after hitting the cap.
Those who opposed this bill argued that those above-market prices would be passed on to customers.
Senator Jeff Woodburn represents the North Country, and he co-sponsored the bill that Gov. Sununu signed into law. He says this is important for Berlin’s economy.