Auburn, NH – August 29, 2022. Freedom Energy Logistics (Freedom Energy) announced today that the State of New Hampshire has signed on to participate in the Hydro Net Metering Program with the Rolfe Canal project owned by Briar Hydro. In addition to supporting clean power and local hydropower generation, the State expects to receive more than $100,000 annually over the 5-year term.
The State’s participation in the program became possible under the recently amended HB1258. Freedom Energy’s CEO Bart Fromuth advocated for the State’s eligibility as a group net metering participant. Under the amended bill, the NH legislature expanded Group Net Metering participants to include the State and the original participants, including municipal entities such as towns, cities, school districts, charter schools, and counties.
“Freedom Energy is committed to advancing renewable generation in the state while supporting incentives to benefit all our local communities,” stated Bart Fromuth, CEO of Freedom Energy. “As the administrator of net metering programs, Freedom Energy is delighted to be able to extend the program benefits and incentives to the State and local municipalities, and we encourage all NH municipal clients to evaluate the program.”
The DOER’s approved hydro renewable energy facilities, including the Rolfe Canal project, can now share the proceeds from their surplus electricity generation with NH municipal electric utility account holders, including the State, as off-takers without requiring physical connection or make any changes to their existing electric service.
The State has worked with Freedom Energy in other capacities over the years, most recently with Freedom Energy serving Cannon Mountain and other accounts on a real-time program.