Energy and Telecommunications
BIA supports policies and regulations that make it easier for businesses to cope with rising fuel and energy prices. We also support competition within New Hampshire's energy and regulated utilities markets.
To view the status of current legislation related to energy and regulated utilities, click here.
Energy Cost and Supply
Rising energy prices remain a challenge for New Hampshire businesses. Although prices are driven in part by national events, BIA continues to do what it can to mitigate rising energy and fuels prices in New Hampshire. This includes educating business consumers about competitive supply options and renewable energy sources, as well as responding to legislation and regulations that may adversely impact energy and fuel costs.
Usource - an energy procurement consultant
Renewable Portfolio Standard
BIA supports the development of renewable energy sources in New Hampshire as a way to reduce energy cost and consumption. In 2007, Gov. John Lynch signed into law a renewable portfolio standard (RPS) for the state. An RPS aims to reduce dependence on imported energy sources; reduce the risk and volatility of energy costs; reduce air pollution, particularly greenhouse gas emissions; and foster new economic development opportunities.
The Economic Impact of a New Hampshire RPS
Regional Greenhouse Gas Initiative
In 2008, New Hampshire passed the Regional Greenhouse Gas Initiative (RGGI). Although BIA supported the intent of the bill - to reduce carbon dioxide emissions - the organization voiced concern about RGGI's impact to energy costs and the possibility of businesses expanding and relocating to states with lower energy costs, advocating for meaningful ratepayer protections. BIA believes a federal solution to global warming would have greater impact, help New Hampshire remain competitive and more effectively deal with greenhouse gas emissions from neighboring states.
However, since RGGI is now law in New Hampshire, BIA will continue monitoring its impact, emphasizing the need for adequate consumer protections and advocating that money from the Greenhouse Gas Emissions Reduction Fund be used for energy efficiency projects and not diverted for other purposes.
What is RGGI?
Economic Impact of New Hampshire Participation in RGGI
BIA monitors and responds to legislation addressing: