What is HB315 and How Does it Benefit Municipalities?
New Hampshire municipalities now have an exciting opportunity to get paid for their electricity use through HB315. By participating in renewable energy programs, towns and cities can cut costs while supporting local sustainability initiatives. Even better—there’s no upfront cost and no installations required.
On August 26, 2021, Governor Sununu signed HB315, expanding group net metering. This allows renewable generators producing 1-5 megawatts per hour to sell their output to municipalities, including towns, cities, school districts, charter schools, and counties. Utilities must purchase the generator’s output at the standard offer rate, which is double what these generators previously earned in the open market.
To qualify, generators must partner with a municipality or public entity such as a town, school district, or county. This policy change provides significant benefits for both municipalities and renewable energy providers.
Why HB315 Matters for Renewable Energy Growth
By partnering with a local renewable generator, New Hampshire municipalities can achieve energy cost savings while supporting clean energy initiatives.
The net metering expansion enables municipalities to:
- Reduce energy costs by leveraging locally generated power
- Support renewable energy without installing new infrastructure
- Improve sustainability goals while generating passive financial benefits
Expanding the net metering limit to 5MW makes large-scale renewable energy projects financially viable thanks to generous utility incentives. This policy injects more renewable energy into New Hampshire’s grid, strengthening system resiliency and reducing carbon emissions.
Freedom Energy Logistics’ Role in HB315
Freedom Energy Logistics has partnered with Central Rivers Power, a leading hydroelectric provider, to give New Hampshire municipalities, SAUs, and government agencies access to 40 million kWh of net metering generation.
Through this partnership, municipalities enrolled in the program will receive rebates of $0.005 per kWh, providing a steady revenue stream to offset energy costs. This initiative benefits both Freedom Energy clients and hydroelectric facilities, ensuring that clean energy continues to power the region.
Financial Benefits & Zero Risk for Municipalities
HB315 allows municipalities to benefit from renewable energy incentives with zero financial risk.
- No upfront investment required
- No changes to energy usage needed
- Immediate cost savings & sustainability impact
When a municipality enrolls in an eligible project, it enables the renewable asset to receive standard offer payments. This structure ensures that municipalities save money while supporting clean energy initiatives.
Take Advantage of HB315 Today!
Want to learn how your municipality can benefit from HB315?
Contact Freedom Energy Logistics today to explore your options and maximize your savings!
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