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Rye schedules June 8 hearing on C-PACER district; town expects solar rebates and creates Energy Revolving Fund
Summary
The Select Board scheduled a required public hearing on June 8 for the town's Commercial Property Assessed Clean Energy and Resiliency (C-PACER) district. Energy Committee Chair Tom Pfau reported that two municipal solar systems qualify for 30% direct-pay tax rebates (about $59,000) and that an Energy Revolving Fund will be established from renewable energy credit proceeds.
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Tom Pfau, chair of the Energy Committee, briefed the Select Board on next steps for the Commercial Property Assessed Clean Energy and Resiliency (C-PACER) district that voters approved in March. He asked that the Select Board post notice and hold the statutorily required public hearing; the board voted to schedule that hearing for the Select Board meeting on June 8, 2026 (motion by John Tuttle; seconded by Rob Wright).
Pfau also reported that Warrant Article 27 passed in March created an Energy Revolving Fund; the town is receiving a check from sale of renewable energy credits for the fourth quarter of 2025 to seed that fund. He said two new municipal solar systems qualify for direct-pay tax rebates equal to 30% of system costs, which he said amounts to about $59,000; forms are to be submitted by May 15 and the town expects receipt of the funds in roughly 45 days. Pfau requested appointment as a second alternate to the Community Power Coalition of New Hampshire (CPCNH) if the Coalition approves an amendment permitting second alternates; the board agreed to delay appointment until the Coalition's amendment is finalized.
