New Hampshire is using RGGI auction proceeds to establish the Greenhouse Gas Emissions Reduction Fund (GHGERF). The administration of the GHGERF is governed by Chapter PUC 2600: Greenhouse Gas Emissions Reduction Fund, which directs a minimum of 10% of program allocations to low income energy efficiency programs, and the balance to electric and fossil fuel energy efficiency programs including, but not limited to:
Weatherization of buildings
Building code compliance
Education and outreach
Passive solar heating and ventilation
Demand response programs to reduce peak load
Energy efficiency related workforce development
Revolving loan funds for energy efficiency investment
The first $1.2 million of New Hampshire's auction proceeds was allocated to expand low income weatherization services.
Since then, the state has awarded $31 million in CO2 allowance proceeds to 36 projects and programs that engage non-profits, utilities, businesses, residents, municipalities, universities, and K-8 schools to improve energy efficiency, support energy education and outreach, and provide energy efficiency job training to workers across the state.
Through July 2010, 30 of the projects had received a total of $17.7 million. Those 30 projects have:
Supported energy efficiency job training for more than 170 workers across the state;
Supported energy use assessments and energy audit evaluations for 436 buildings across the state.
In addition, those 30 projects are projected to:
Reduce consumer energy costs by $60.6 million over the lifetime of the installed measures;
Avoid the emission of 220,000 tons of CO2 pollution over the lifetime of the installed measures.
For more information on New Hampshire's investment of RGGI auction proceeds, please see: