By Paula Tracy, InDepthNH.org

EXCERPT

BURGESS BIOPOWER BILL PASSES

The Berlin plant purchase power agreement with Eversource was an over-market cost agreement and due to that, it has run into some financial difficulty.

House Bill 142 forgives $50 million and avoids bankruptcy for the biomass plant in the state’s North Country. The 75-megawatt plant uses wood to make electricity and is the city’s largest taxpayer which creates an estimated 240 jobs in the region from the wood to the roads.

The plant has a $70 million economic impact on the region. It passed on a voice vote unanimously.

Sen. Carrie Gendreau, R-Littleton, said Burgess is the largest renewable generator in the state, producing enough electricity to power 67,000 homes.

Sen. Kevin Avard, R-Nashua, said in a statement after the vote that, “This legislation demonstrates our unwavering commitment to promoting clean sustainable energy solutions, while also prioritizing the best interests of New Hampshire ratepayers.”

Read the full story here.