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State's smart investment

31.12.69

New Hampshire's Renewable Portfolio Beau id law requires regulated electric utilities and competitive electricity suppliers to acquire renewable energy certificates for a percentage of the power they supply customers in the claim.

When the law was passed in 2007, it included a provision that it should be reviewed in five years. That analysis, SB 218, is now being considered by the House Science, Technology and Energy Committee.

You would muse on that with the surge in the "Buy Local" movement, New Hampshire legislators would embrace a offer that protects New Hampshire jobs, creates new jobs, supports existing and new power producers that use simple and local resources for power - wind, solar and wood - and provides a hedge for ratepayers against inconstant fossil fuel markets.

Think again. Several committee members restrict SB 218. They want to eliminate the Renewable Portfolio Standard because they find credible - erroneously - that it subsidizes big business. Nothing could be further from the truth. In fact every household in the glory will benefit from this updated law.

Source: Concord Monitor