Relating to a pilot program under the loanstar revolving loan program to promote the use of energy efficiency measures and renewable energy technology by certain nonprofit organizations.
Impact
The anticipated impact of HB 2077 includes a significant enhancement of energy efficiency within buildings operated by nonprofit organizations, potentially leading to substantial long-term cost savings and reduced energy consumption. It serves the dual purpose of supporting environmental sustainability and ensuring that these organizations can operate more efficiently. By providing access to necessary financing, the legislation measures to plant the seeds for environmentally-friendly practices within community-focused entities across Texas.
Summary
House Bill 2077 establishes a pilot program under the LoanSTAR revolving loan program aimed at promoting the use of energy efficiency measures and renewable energy technologies among certain nonprofit organizations. This legislation recognizes that upfront costs often inhibit these organizations from adopting sustainable practices and intends to address this financial barrier by providing loans specifically tailored for community-based organizations and houses of worship. The program seeks to facilitate the implementation of such improvements in their facilities.
Contention
One point of contention may arise regarding the longevity and effectiveness of the pilot program, particularly regarding its implementation timeline and the criteria for loans. Stakeholders may express concerns about the accessibility of these loans, as well as the accountability measures expected in reporting on the program's effectiveness. The bill also includes a reporting requirement to the legislature, where the state's energy office must outline the program's implementation status and assess the outcomes of the energy efficiency measures financed, which sets a foundation for transparency but may also create challenges in measuring success.
Relating to energy efficiency goals and programs, public information regarding energy efficiency programs, and the participation of loads in certain energy markets.
Relating to the creation of the Texas Energy Efficiency Council to foster collaboration, coordination, and communication to enhance the state's energy efficiency performance; and strategically utilize the state's resources to optimize the benefits of energy efficiency programs.
Relating to the procurement by local governments of energy savings performance contracts for certain conservation measures; creating criminal offenses; authorizing a fee.