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House committee lays over bill to create geothermal rebate program for commercial and multifamily buildings
Summary
A House committee heard testimony on House File 2,498, a bill to create a geothermal rebate program focused on commercial and multifamily buildings; an author's amendment (A1) was adopted and the bill was laid over for possible inclusion.
House File 2,498, a measure to create a geothermal rebate program aimed primarily at commercial and multifamily buildings, was laid over for possible inclusion after a committee hearing on the bill and adoption of an author's amendment.
Representative Hemmingson Yeager, the bill's author, told the committee the proposal is intended to help Minnesota scale thermal energy networks and reduce emissions from the heating sector by encouraging larger parcel projects that the bill's sponsors say will be efficient uses of public funds. The A1 amendment adopted during the hearing sets a per-project cap and identifies a funding range for initial appropriations.
The bill would offer a maximum rebate of $100,000 per project or up to 15% of a project's cost, according to language discussed during the…
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