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Committee weighs S.138 changes to commercial CPACE: remove voter approval, expand administrator options
Summary
The Natural Resources & Energy committee heard from Mr. Yaki of the CFAES Alliance on S.138, a bill to authorize commercial property‑assessed clean energy (CPACE) districts; he urged removing a voter‑approval requirement, shifting disclosure duties to capital providers, and allowing municipalities, third parties or a state agency to serve as program administrators.
The Natural Resources & Energy committee on Tuesday heard testimony on S.138, a bill to permit commercial property‑assessed clean energy (CPACE) districts, and discussed substantial edits to streamline financing and clarify local roles.
Mr. Yaki of the CFAES Alliance told the committee he favors removing a voter‑approval requirement and giving municipal legislative bodies the authority to enact ordinances designating CPACE districts. "It would be, well, it would be by best practice to remove that and simply give the authority to the legislative body to, enact an ordinance to designate, the municipality as a property assessed clean energy district," he said, arguing the change would let local governments act faster to align project…
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