2012 Session

Budget Amendments - SB30 (Committee Approved)

CA: Review Energy Efficiency Projects (language only)

Item C-37.10 #1s

Item C-37.10 #1s

Central Appropriations
Central Capital Outlay

Page 381 following line 22, insert:
"C-37.10 The Secretary of Finance shall convene a working group with stakeholder participation to examine issues relating to the financing of energy efficiency projects that produce per energy unit reductions equating to the cost of such projects. The examination shall include appropriate methods to finance such projects, the potential impact on debt capacity, and financing approaches to promote the implementation of such energy infrastructure upgrades when appropriate and financially feasible. Recommendations that may result from this examination shall be presented by the Secretary of Finance to the Chair of the House Appropriation Committee and the Senate Finance Committee."

(This amendment requires the Secretary of Finance to convene a working group for a review of the cost effectiveness of energy efficiency projects.)