In 2014, New Hampshire invested approximately $4.5 million in RGGI allowance proceeds to its Energy Efficiency Fund (EEF), which, in conjunction with the System Benefits Charge, funds efficiency programs administered by the state’s electric utility companies. Legislative changes enacted in 2013 revised the state’s RGGI proceeds investment plan leading to approximately $14.4 million in direct bill assistance to NH electric consumers. In 2014, $4.3 million from the Energy Efficiency Fund was used to expand programs run by the four New Hampshire electric utilities, enabling them to:
Weatherize 155 income-eligible homes and 129 high energy use homes.
Work with builders to certify 48 of their new homes as Energy Star.
Incent the purchase of 2,369 high efficiency appliances.
Help New Hampshire residents purchase and install 7,666 CFL or LED light bulbs.
Upgrade to highly efficient equipment at 337 businesses and municipalities.
Host workshops throughout the state educating code officials, home builders, homebuyers, realtors, and more on the energy code and how to build above code.
New Hampshire’s RGGI-funded Core Energy Efficiency programs were established in 2012. Cumulative RGGI-funded investments in Core Energy Efficiency programs will save 438,330 MWH of electricity and 1,023,193 MMBtus over the expected life of the energy efficiency improvements, saving electric utility customers $92 million in energy costs that can be reinvested in the NH economy.
Program Highlight: New Municipal Program
On July 24, 2013, Senate Bill 123 (SB 123) was signed into law. This bill amended RSA 125-O:23 II-III (Multiple Pollutant Reduction Program) effective January 1, 2014, and requires that certain proceeds from the Regional Greenhouse Gas Initiative (RGGI) Program be allocated to municipal and local government energy efficiency projects. The primary focus in the first year was to expand on the success achieved through the foundation of the existing Core commercial and industrial programs, and to gain insight and experience that could be utilized in the program design in 2014 and in subsequent years.
During the first year, approximately 200 energy efficiency projects were completed under the Municipal Program. These projects resulted in energy savings of 67,620 MWH and 33,071 MMBtus over the expected life of the energy efficiency improvements, and saved municipalities $12 million in energy costs.