Oklahoma 2022 Regular Session

Oklahoma House Bill HB3691

Introduced
2/7/22  
Refer
2/8/22  
Refer
2/22/22  
Report Pass
3/2/22  
Engrossed
3/23/22  

Caption

Energy efficiency; performance-based efficiency contracts; energy conservation measures; definitions; effective date.

Impact

This legislation modifies existing laws by providing a clearer authority for state agencies to enter into such contracts, streamlining the process and reducing the bureaucratic burden. The ability to guarantee savings through these contracts is intended to give school districts a mechanism to improve their energy efficiency without risking financial loss. The bill emphasizes documentation and verification of savings on an annual basis, ensuring accountability and transparency in the use of public funds.

Summary

House Bill 3691 establishes a framework for public entities, specifically school districts, to enter into performance-based efficiency contracts for energy conservation measures. The bill aims to reduce utility consumption and lower operating costs through various improvements such as insulation, HVAC modifications, and energy-efficient lighting. One notable aspect is that public entities can finance these contracts through lease-purchase agreements while ensuring that contract costs do not exceed the savings derived from the energy conservation measures implemented, thus aligning financial incentives with environmental goals.

Sentiment

Overall, the sentiment surrounding HB 3691 appears to be positive among lawmakers and stakeholders, particularly those advocating for sustainability and cost-saving measures. Supporters argue that this approach not only addresses environmental considerations but also helps school districts manage their budgets more effectively. By focusing on long-term savings and efficiency, the bill is seen as a proactive measure to enhance the sustainability of public facilities.

Contention

Despite the general support, some potential points of contention include concerns about the feasibility of guaranteed savings and the potential quality of work from providers. Critics may question whether the energy savings can consistently meet the projections and whether school districts may become reliant on external providers for essential energy management. Additionally, the requirement for qualified providers to have specific expertise could limit options and potentially lead to higher costs, raising concerns about equitable procurement practices.

Companion Bills

No companion bills found.

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