We are delighted to share the third Central Rivers Power (CRP) above one megawatt hydro facility, Canaan Hydro, located in Stewartstown, New Hampshire, was approved by the New Hampshire Department of Energy Resources (DOER) to participate in Group Net Metering (GNM) and is set to begin benefit flow this month.
Under HB315, the NH legislature expanded Group Net Metering to include qualifying renewable generators that can produce between one and five megawatts per hour, so long as they sell to municipal entities such as towns, cities, school districts, charter schools and counties. With the DOER’s approval, CRP’s hydro renewable energy facilities can share the proceeds from their surplus electricity generation with NH municipal electric utility account holders as off-takers without requiring the municipalities to be physically connected or make any changes to their existing electric service.
“The NH DOER’s approval of CRP’s hydro facilities, and going live today with our third hydro facility, marks tremendous progress within the Group Net Metering program in New Hampshire,” said Todd Wynn, Chief Executive Officer of Central Rivers Power. “We’re committed to advancing renewable generation in the state, and along with our program administrator, Freedom Energy Logistics, supporting valuable incentives to benefit our local communities.”