Jeanine M Notter
HB 224 status: Introduced — Interim Study Report: Recommended for Future Legislation 09/02/2026 (Vote 11-7; ) (updated Sep 14, 2026).
Source
LegiScan
Confidence
High
Analysis basis
LegiScan full bill text
Official summary alongside an AI-generated read on where it stands and why.
Overall Score
Bill summary
The bill mandates that any funds remaining in the state Renewable Energy Fund, after administrative and incentive costs, must be returned to retail electric ratepayers as a rebate.
All retail electric ratepayers in New Hampshire, including residential, commercial, and government entities.
The Public Utilities Commission must determine the timing and method of the rebate distribution for excess funds.
The state faces a loss of General Fund revenue (between $1.5M and $6.3M) if existing transfer policies are overridden by this mandate.
The act takes effect 60 days after its passage.
Provides direct financial relief to ratepayers by returning surplus fund balances collected from utility compliance payments.
Significant reduction in capital available for state-supported renewable energy and thermal initiatives.
The specific rebate amounts remain unpredictable due to the volatile nature of the Renewable Energy Fund's primary revenue source (Alternative Compliance Payments).
Modeled effects across six domains, estimated from bill text and comparable legislation.
Critical outlook
Positive outlook
Mixed / Neutral
Critical outlook
Positive outlook
No direct effect
Neutral — no direct effect identified.
Sourcing already shown above, this is what the analysis found worth flagging.
Source
LegiScan
Official bill text or data from LegiScan.
Confidence
High
Information is complete and verified.
Analysis basis
LegiScan full bill text
Source used for this bill's analysis.
Source note
Diverting renewable funds risks long-term climate targets.
Analysis scope
Rebate calculation method is not specified in the text.
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