N.H. Code Admin. R. Puc 2505.07 - Certification of Formerly Nonrenewable Energy Electric Generation Facilities as Repowered Class I Sources

(a) An electric generation unit that is not qualified as a renewable energy source may become eligible to participate as a Class I source when it demonstrates that:
(1) It has made new capital investments for the purpose of repowering with eligible biomass technologies or methane gas and complies with the certification requirements of Puc 2505.04, if using biomass fuel; and
(2) Eighty percent of the applicant's tax basis in the resulting generation unit, including department permitting requirements for new plants, but exclusive of any tax basis in real property and intangible assets, is derived from the new capital investments.

Notes

N.H. Code Admin. R. Puc 2505.07

#9037, INTERIM, eff 11-27-07, EXPIRED: 5-25-08

New. #9169, eff 6-3-08

Amended byVolume XXXV Number 01, Filed January 8, 2015, Proposed by #10741, Effective 12/5/2014. Amended by Volume XXXVIII Number 06, Filed February 8, 2018, Proposed by #12473, Effective 2/1/2018, Expires 2/1/2028.

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