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House approves bill to let government fleets finance electric and CNG vehicles via energy-performance contracting
Utah House of Representatives · March 9, 2015
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Summary
HB 410 expands existing energy performance contracting to cover vehicle fleets for state, local governments and universities, enabling faster purchases of electric and compressed natural gas vehicles; the House passed the bill 66-0 and sent it to the Senate.
Representative Ripley Draxler told members HB 410 expands an existing financing tool known as energy performance contracting, which applies energy savings to the cost of efficiency upgrades, to cover vehicle fleets in state and local…
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