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> Renewable Energy Financing Act
Energy:
Renewable Energy Financing Act
Our Position: support
Bill Number: SB 051
Sponsor: Sen. Carrol M./ Rep. Levy
Legislative Session: 2009
Amends the "Colorado Clean Energy Finance Program Act" to:
- Specifically include credit unions among the lenders that may make loans under the program; and
- Specifically include renewable energy developers and installers of solar panels and other renewable energy generation equipment among the contractors that may be certified under the program.
Authorizes the governor's energy office, as administrator of the Colorado clean energy finance program, to develop and license the use of a "Clean & Green Colorado" logo and marketing materials for use by lenders and certified contractors under the program.
Clarifies that funding under the "Colorado Clean Energy Development Authority Act" is available for energy efficiency improvements to apartment buildings. Removes an existing cap on the amount of loans. Increases the cap on the amount of loans guaranteed by the state treasurer by $10 million, from a maximum of $30 million to a maximum of $40 million.
Requires landlords to allow energy audits of rental properties if so requested by a tenant, at the tenant's expense.
Creates a "Renewable Energy Suppliers Act", substantially similar to the existing "Geothermal Heat Suppliers Act", to authorize and encourage the installation of renewable energy generation equipment on property owned by others, in exchange for future purchases of energy under power purchase agreements, assignments of utility rebates under the existing renewable energy standard statute, or both.
Directs the public utilities commission to require utilities to set aside a portion of their annual budget for rebates under the standard rebate offer program of "Amendment 37" for low-income utility customers.
Status
01/07/2009 Introduced In Senate - Assigned to Local Government and Energy + Appropriations
02/10/2009 Senate Committee on Local Government and Energy Refer Amended to Appropriations
02/27/2009 Senate Committee on Appropriations Refer Unamended to Senate Committee of the Whole
03/03/2009 Senate Second Reading Passed with Amendments
03/04/2009 Introduced In House - Assigned to Transportation & Energy
03/04/2009 Senate Third Reading Passed
03/19/2009 House Committee on Transportation & Energy Refer Amended to House Committee of the Whole
03/24/2009 House Second Reading Laid Over to 03/26/2009
03/26/2009 House Second Reading Passed with Amendments
03/27/2009 House Third Reading Laid Over to 03/30/2009
03/30/2009 House Third Reading Passed
04/01/2009 Senate Considered House Amendments - Result was to Laid Over Daily
04/01/2009 Senate Considered House Amendments - Result was to Concur - Repass
04/22/2009 Signed by the President of the Senate
04/22/2009 Signed by the Speaker of the House
04/22/2009 Sent to the Governor
04/22/2009 Governor Action - Signed
More information
Please see the bill text for the exact language.
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