Renewable Portfolio Standard Compliance

Net Metering Credit Information (Updated Annually in February)

Pursuant to RSA 362-F:6, II-a and Puc 2503.04(d), the Department has computed an estimate of the percentage credit for Class I and Class II based on the capacity of the customer-sited sources that are net metered and are not certified to create Class I or Class II renewable energy certificates (RECs).

Net Metering Credit For Class I and Class II Pursuant To RSA 362-F:6, II-A

Credit Updated Spring 2024

• 2023 Credit for Class I: 0.0060%
• 2023 Credit for Class II: 1.0198%

This credit is based on the following assumptions:

• Total Estimated 2023 Electricity Sales: 10,407,692,496 kWh
• Class I Capacity: 355* kW
• Class I Capacity Factor: 20%
• Class II Capacity: 107,925* kW
• Class II Capacity Factor: 14.2%**

*Note that for any facility that came on-line in the compliance year, the estimated generation was pro-rated based on the month that it came on-line.

** 2021 HB309, updated RSA 362-F:6, II-changing the capacity factor rating used in the Class II estimate from 20% to a capacity factor equal to the annual PV Energy Forecast issued by the Distributed Generation Working Group under the ISO New England, or its successor.

At the time of the renewable portfolio standard compliance filing, an electricity provider may claim a Class I REC credit equal to the percentage credit for Class I times the total electricity (MWh) provided to end-use customers by that electricity provider. In addition, an electricity provider may claim a Class II REC credit equal to the percentage credit for Class II times the total electricity (MWh) provided to end-use customers. The Class I Net Metering Credit applies only to the non-thermal portion of the Class I RPS obligation, and the Class II Net Metering Credit can only be applied to the Class II RPS obligation.

Note: RSA 362-F:4,I (h) states that Class II RECs can be used to comply with the Class I RPS requirement.

• Historic RPS Net Metering Credit for Class I and Class II Information

RPS Compliance Filing Information 

In accordance with the Department administration rules, Chapter Puc 2500 which implements New Hampshire's RPS Program, electricity providers are required to file annual compliance reports with the New Hampshire Department of Energy each year.

House Bill 2, Section 112 amended RSA 362-F:8 to change the deadline for these compliance filings to "No earlier than July 1 and no later than July 15..." with an effective date of July 1, 2023.

With this change in law, electricity suppliers operating in New Hampshire with an obligation under the New Hampshire RPS statute, and therefore required to report under RSA 362-F:8, I and Puc 2503.03, must submit compliance filings each year no earlier than July 1, 2023, and no later than July 15, 2023.

• Download Form E-2500 Annual Renewable Portfolio Standard Compliance Filing for 2023 Compliance Year

Please submit either a hard copy or electronic versions of the Form E-2500 AND the GIS My Settled Certificates Disposition Reports. Please submit the electronic versions to tanya.p.wayland@energy.nh.gov and the hard copies to the following:

New Hampshire Department of Energy
Sustainable Energy Division
21 South Fruit Street, Suite 10
Concord, NH 03301-2429

For alternative compliance payments, please pay by check ONLY, ACH payments will not be accepted. Please contact the Business Office at ENGY-BusinessOfficeGroup@energy.nh.gov or (603) 271-3670 with payment questions.

Please submit checks to:

Business Office
New Hampshire Department of Energy
21 S. Fruit St., Suite 10
Concord, NH 03301-2429.

If you have any questions regarding the RPS Compliance Year Form E-2500, please contact Tanya Wayland at (603) 271-2454 or tanya.p.wayland@energy.nh.gov.

Electric Renewable Portfolio Standard – Annual Compliance Payments Reports

* Please note Annual Compliance Reports are incorporated into the Renewable Energy Fund Annual Report beginning in 2014. Those reports are available on the Renewable Energy Fund page.