NH SB538

Guarantees municipal net metering projects a minimum 20-year eligibility term for compensation under alternative tariffs, or until January 1, 2040, whichever is longer

Addresses interconnection delays that have created backlogs for municipal distributed energy projects, which the legislature finds are making many projects economically unviable under current 2040 termination rules

Allows municipal customer-generators to transition from existing Order No. 26,029 alternative tariffs to new net metering tariffs if adopted by the Public Utilities Commission, while maintaining the 20-year eligibility period

Prohibits customer-generators from reverting to an Order No. 26,029 tariff once they transition to a new tariff structure

Takes effect 60 days after passage