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Committee approves RPS change to return $5.7M to ratepayers after heated debate
Summary
The Finance Committee voted to report House Bill 219 as 'ought to pass as amended' after debate over whether changes to the renewable portfolio standard would lower costs for ratepayers or weaken renewable-energy investment; the committee vote was reported as 14 to 11.
The House Finance Committee voted on Oct. 30 to report House Bill 219, as amended, to the regular calendar. The amendment (2988) would return an estimated $5.7 million a year from the Renewable Portfolio Standard (RPS) fund to ratepayers.
Representative Campbell (division lead) framed HB 219 as a way to help New Hampshire households facing high electricity costs. "When this bill takes effect, it'll, in…
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