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DEQ-backed bill would modernize state building energy program, repeal unused bonding authority
Summary
House Bill 47 would remove an unused bonding authority from the State Building and Energy Conservation Program, let the Department of Environmental Quality set an interest rate up to 3 percent, and widen eligible project language to include operation and maintenance savings. DEQ and supporters said the changes would increase taxpayer savings and
Majority Leader Zollincoff presented House Bill 47 at the request of the Department of Environmental Quality. The measure would: repeal DEQ's unused bonding authority for the State Building and Energy Conservation Program, allow the department to set an annual interest rate up to the current 3 percent cap instead of a fixed 3 percent, and update eligible project language to account for utility‑associated operation and maintenance (O&M) savings.
DEQ Direct…
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