SB 447 — enabling electric utilities to own, operate, and offer advanced nuclear resources, and relative to purchased power agreements for electric distribution utilities and limitations on community customer generators.

SB 447 - AS INTRODUCEDAMENDED BY THE SENATE 03/26/2026 1213s SESSION 26-2020 06/08 SENATE BILL 447 AN ACT enabling electric utilities to own, operate, and offer advanced nuclear resources, and relative to purchased power agreements for electric distribution utilities and limitations on community customer generators.

SB 447 - AS INTRODUCEDAMENDED BY THE SENATE 03/26/2026 1213s 26-2020 06/08 STATE OF NEW HAMPSHIRE In the Year of Our Lord Two Thousand Twenty-Six AN ACT enabling electric utilities to own, operate, and offer advanced nuclear resources, and relative to purchased power agreements for electric distribution utilities and limitations on community customer generators.

These activities may include the management of funding and oversight of nuclear incentive programs, such as those described by RSA 374-G:4, as well as outreach programs to inform and educate the public, particularly regarding safety.

A bidirectional metering system that records the total amount of electricity that flows in each direction from the customer premises, either instantaneously or over intervals of an hour or less, shall be required at facilities with a total peak SB 447 - AS INTRODUCED - Page 2 - generating capacity of more than [100] 500 kilowatts.

The bidirectional system may consist of one or SB 447 - AS AMENDED BY THE SENATE - Page 2 - more meters, as long as it can be used to appropriately meter and bill in compliance with utility tariffs and rules.

For this definition, "political subdivision" means the state of New Hampshire or any city, town, county, school district, chartered public school, village district, school administrative unit, [or any district or entity created for a special purpose administered or funded by any of the above-named governmental units] nonprofit educational institution, or any district or entity created for a special purpose administered or funded SB 447 - AS INTRODUCEDAMENDED BY THE SENATE - Page 3 - by any of the above-mentioned governmental units;

Definition;

Nonprofit Educational Institution.

Amend RSA 362-A:1-a by inserting after paragraph II-f the following new paragraph:

II-g.

"Nonprofit educational institution" means a nonpublic, nonprofit elementary school, secondary school, or post-secondary institution such as a college or university, with approval to operate as a school by the state board of education or the department of education, that is exempt under section 501(c)(3) of the Internal Revenue Code, is organized and operated primarily for the purpose of providing direct instruction to enrolled students, and does not distribute profits to private shareholders or individuals.

7 New Paragraph;

78 Definitions.

89 Purchased Power Agreements.

910 Purchased Power Agreements.

10SB 447 - AS AMENDED BY THE SENATE - Page 4 - 11 New Subparagraph;

(4) Upon the petition of one or more electric distribution utilities, and after notice and hearing, the public utilities commission may authorize such utility or utilities to enter into multi-year agreements with existing, new, or incremental electric energy sources up to a total of 3 SB 447 - AS INTRODUCED - Page 4 - million megawatt hours statewide, on an annual basis, if it finds such agreements to be just and reasonable and in the public interest.

1112 Purchased Power Agreements.

1213 Effective Date.