extending net metering eligibility terms for municipal energy projects.

Added eligibility for low-moderate income community solar projects designated for the Electric Assistance Program under RSA 362-A:9, XIV(e) in 2026 or earlier, expanding the bill beyond just municipal political subdivision projects.

Changed the net metering term from 'the longer of 15 years from the first year in which compensation is received, or until December 31, 2040' to a flat '20 years from the first day on which compensation is received,' giving projects a longer and more predictable eligibility window.

The interconnection application deadline reference changed from 'on or before the effective date of this paragraph' to 'on or before the effective date of this act.'

Fiscal note changed from stating 'no fiscal impact' to estimating state expenditures of $121,000 in FY 2027, $125,000 in FY 2028, and $126,000 in FY 2029 from the Renewable Energy Fund to fund one full-time Business Specialist at the Department of Energy.

Section heading changed from 'Net Metering; Municipal Energy Project Material Standards' to simply 'Net Metering,' removing the municipal-specific qualifier and reflecting the broader scope.

Analysis section now states the bill 'also outlines conditions for transitioning to future tariffs,' indicating additional policy content beyond the original scope.

The deadline for submitting an interconnection application was changed from a fixed date (December 31, 2031) to 'the effective date of this paragraph,' dramatically shortening the window during which new municipal projects can qualify.

The guaranteed eligibility term under Order No. 26,029 alternative tariffs was reduced from 20 years to 15 years (with the outer cap remaining essentially the same at December 31, 2040 vs. January 1, 2040).

The entire provision allowing eligible customer-generators to transition to new net metering tariffs adopted through future adjudicated proceedings was deleted, including rules about a 20-year term under the new tariff and the prohibition on reverting to Order No. 26,029 tariffs.

The fiscal note changed from projecting $121,000-$126,000 in annual expenditures funded by the Renewable Energy Fund (FY2027-FY2029) to stating the bill has no fiscal impact on state, county, or local expenditures or revenue.

The section heading was expanded from 'Net Metering' to 'Net Metering; Municipal Energy Project Material Standards,' and a comma was added after 'Order No. 26,029.'

A new condition was added: eligible customer-generators must have submitted an interconnection application to a distribution utility on or before December 31, 2031. This applies both to those receiving Order No. 26,029 alternative tariffs and those electing to participate in future net metering tariffs.

The 20-year term for new net metering tariffs was changed from '20 years from the first year in which compensation was received' to 'until the date that is 20 years from the first date on which the eligible customer-generator received net metering compensation,' shifting from a year-based to a date-based calculation.

The fiscal note methodology was updated to describe the bill as applying to 'certain customer-generators used by political subdivisions' rather than specifically 'municipal group net-metering projects,' reflecting slightly broader language in the operative text.