New Hampshire Provision Addressing Present and Future Demands for Electricity in the Premises

State:
Multi-State
Control #:
US-OL12022
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Word; 
PDF
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Description

This office lease provision states that the landlord agrees that prior to the Commencement Date risers, feeders and wiring will be installed in the building by the landlord to furnish electrical service to the demised premises.

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FAQ

In 2020, the plan proposed by the utilities, and denied by state regulators, aimed to reduce electricity use by 4.5% between 2021 and 2023, and natural gas by 2.8%. The 2024-2026 plan filed Friday aims to reduce electricity use by 2.8% over the upcoming three years, and natural gas by 2%.

New Hampshire's RPS statute, RSA 362-F, requires each electricity provider to meet a percentage of customer load by purchasing or acquiring RECs representing generation from renewable energy. The purpose of the RPS is to promote the development of renewable energy sources.

Renewable Energy: Utility-Scale Policies and programs that address barriers to the implementation of utility-scale renewable energy projects (typically defined as those 10 megawatts or larger) can include feed-in tariffs, renewable portfolio standards, transmission access, and others.

The RPS law mandates that 25.2 percent of the state's electricity come from renewable sources by 2025. Each year electric service providers comply with the law by acquiring Renewable Energy Certificates, or RECs, representing electricity generated from renewable sources.

As of June 2022, New Hampshire has 5 wind farms with a combined 212 megawatts of capacity.

The New Hampshire Department of Energy's new 10-year energy strategy, as in past years, prioritizes cost-effective energy above all else, and calls for free-market selection of energy resources, regardless of the fuel source.

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New Hampshire Provision Addressing Present and Future Demands for Electricity in the Premises