I urge the Legislature to override the governor’s Aug. 16 veto of a bill that would have increased energy-efficiency funding in the state. House Bill 582 would allocate funds from the Regional Greenhouse Gas Initiative (RGGI) for additional energy-efficiency projects for municipalities, school districts and low-income weatherization projects.
RGGI is a market-based cap-and-trade system in which member states sell carbon dioxide allowances and invest the proceeds in programs to benefit energy consumers, while also reducing greenhouse gas emissions in the region.
HB 582 would allocate more funds for energy efficiency, which would be a better use of RGGI money than New Hampshire’s current practice of distributing RGGI money as reimbursements to utility ratepayers. While this is considered direct energy bill assistance, it doesn’t ever really add up to very much savings for ratepayers — in fact, it is only about $1.70 per month for the average ratepayer.
By ensuring sustained investments in energy-efficiency programs, HB 582 would lower energy costs for school districts and towns, allowing them to invest those savings in other things such as classroom supplies and youth programs. The legislation would also spur job creation by producing additional clean-energy jobs in the state. Legislators, please override the governor’s veto of HB 582. Our climate and our economy will benefit!
34 Woodburn St.