House backs bill to expand financial solar power incentive

The Associated Press

New Hampshire lawmakers are seeking to make a key financial incentive for solar power available to more homeowners and businesses.

CONCORD, N.H. (AP) — New Hampshire lawmakers are seeking to make a key financial incentive for solar power available to more homeowners and businesses.

The House has passed a bill to raise the cap on a program known as net metering, which allows solar power users to sell the energy they don't consume back into the electric grid. An existing cap limits how many megawatts can be sold back into the grid, and clean energy advocates have been urging lawmakers to raise the cap. The House bill doubles it.

Businesses and residential customers can take advantage of the program.

Gov. Maggie Hassan is praising the move, calling the solar power industry a "critical part" of New Hampshire's move toward a clean energy economy.

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