Section 1 of the bill provides a nonstatutory legislative declaration about the changes in law set forth in section 2 of the bill.
Section 2 directs the public utilities commission to adopt rules under which investor-owned utilities may submit plans for the acquisition of natural gas reserves to meet their long-term supply needs, subject to the commission's review and approval of applications.
Section 3 repeals the wind for schools grant program.
Section 4 repeals the renewable energy and energy efficiency for schools loan program.
Section 5 removes the Colorado energy office's (office) involvement with the forest service and the air quality control commission to support the increased use of woody biomass in bio-heating.
Section 6 removes the office's involvement in grants with the Colorado energy research institute for the development of a central resource for building trade professionals.
Section 7 :
- Specifies nuclear and hydroelectric power as a cleaner energy source that the office should promote;
- Amends the office's requirement to develop and encourage increased utilization of energy curricula, and expands the collaborative groups to include the energy industry and executive departments;
- Repeals certain programs for which the office is responsible; and
- Requires the director of the office and the executive director of the department of natural resources, or their designees, to convene stakeholders for one or more meetings before November 1, 2017, to identify voluntary methods to address funding shortfalls associated with the long-term management of abandoned oil and gas facilities.
Section 8 renames the clean and renewable energy fund as the energy fund and continues the general fund transfer to the energy fund for 4 years and adds the authority to spend the money in the fund for educating the general public on energy issues and opportunities.
Section 9 adds 4 years of funding for the innovative energy fund from the general fund and removes the requirement that the funds used in the innovative energy fund for grants or loans shall be limited to innovative energy efficiency projects and policy development.
Section 10 repeals the office's authority to submit a proposal for credentialing photovoltaic installers.
Section 11 repeals the green building incentive pilot program.
Section 12 repeals the 'Colorado Clean Energy Finance Program Act'.
Section 13 removes the office's responsibility to maintain a list of solar installers, the requirement for a builder to offer that list to customers, and the requirement for the office to offer training on solar installations.
Section 14 removes a requirement for a 2018 study by the office on alternative fuel truck emissions.
Section 15 removes an obsolete section of law pertaining to a computer system for tracking the movement of gasoline or special fuel in the state.
Section 16 removes the office as the administrator of the Colorado carbon fund special license plate.
Section 17 increases the registration fee on electric motor vehicles and the portion of the fee that is earmarked for the highway users tax fund to offset the reduced gas tax collected as a result of the vehicle's increased efficiency.
Current law authorizes a homeowner to finance certain energy efficiency improvements to the home through a loan pursuant to the property assessed clean energy program (PACE). PACE requires an applicant to file a title commitment on the home and a hearing must be held in order to seek a voluntary subordination of existing liens to PACE's junior lien. Sections 18 through 21 exempt a homeowner from the title commitment and hearing requirements if the owner is not seeking to subordinate the priority of existing liens and clarifies that housing authorities can use PACE as a completely voluntary assessment.
Sections 22 and 23 make conforming amendments.
(Note: This summary applies to this bill as introduced.)