BILL · 2023–24 SESSION · LATEST VERSION SSB 5570

SB 5570: Energy efficiency loans

Authorizing consumer-owned utilities to establish energy efficiency revolving loan programs.

Summary

  • Creates the Residential Utility Energy Efficiency Capitalization Grant Program within the Department of Commerce (Commerce) to enable electric utilities to provide residential loan options that create energy efficiency opportunities for eligible households.
  • Authorizes each consumer-owned utility to apply to Commerce to receive funding to establish its own Energy Efficiency Revolving Loan Program, which must contain certain elements.

From the Senate Bill Report (SB 5570), written by the Legislature's nonpartisan staff. Read the full report ↗

Did not pass Did not pass · died in committee
  1. IntroducedJan 26, 2023
  2. Out of committeestopped here
  3. Passed Senate
  4. Passed House
  5. Governor
  6. Law
Prime sponsor
Liz Lovelett (D-40)
Introduced
January 26, 2023 in the Senate
Last action
January 22, 2024
Budget
Has a fiscal note
Versions
SB 5570, SSB 5570

AN ACT Relating to authorizing consumer-owned utilities to establish energy efficiency revolving loan programs;

Sponsors

Votes

No recorded floor votes. This measure never reached a floor vote.

History

  1. Referred to Ways & Means. (SSB 5570)
  2. Referred to Ways & Means.
  3. ENET - Majority; 1st substitute bill be substituted, do pass. (SSB 5570)
  4. And refer to Ways & Means. (SSB 5570)
  5. And refer to Ways & Means.
  6. ENET - Majority; 1st substitute bill be substituted, do pass.
  7. By resolution, reintroduced and retained in present status.
  8. First reading, referred to Environment, Energy & Technology.

SB 5570 in other sessions

Bill numbers restart every two years, so the same number is a different bill in each session.

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