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Bill

Bill

SB 111

authorizing a reliability indexing credit pilot program.

2025 Regular Session Introduced by Tom Cormen and 5 co-sponsors

New Hampshire bill establishing pilot program offering financial credits to utilities meeting electricity grid reliability performance standards; committee recommended rejection.

Committee Report: Inexpedient to Legislate; Vote 5-0; CC; 01/07/2026;
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Bill Summary · SB 111

Legislative bill overview

SB 111 would establish a pilot program in New Hampshire that creates financial incentives (reliability indexing credits) for electricity providers or grid operators who meet specified reliability performance standards. The bill aims to reward utilities or grid participants that maintain or improve electric system reliability metrics.

Why is this important

Electricity grid reliability directly affects public safety, economic productivity, and quality of life. Pilot programs testing incentive-based approaches could inform whether credit mechanisms are effective policy tools for maintaining or enhancing grid performance compared to traditional regulatory mandates. The outcomes would influence future energy policy design across the state.

Potential points of contention

  • Program cost and ratepayer impact: Unclear how credits would be funded and whether costs would be passed to consumers through higher utility rates
  • Definition and measurement of "reliability": Disagreement over what metrics constitute reliability and whether proposed standards are achievable or already being met
  • Market design concerns: Questions about whether credits create fair competition or advantage certain utilities/operators over others, and potential gaming of performance metrics
  • Pilot scope and duration: Uncertainty about program scale, participant eligibility, credit value, and whether results would justify broader implementation

Compiled from official sources — confirm details with the bill’s official record.

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