LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4636 by Lucio III (Relating to energy efficiency audits and improvement loans for customers of electric utilities and transmission and distribution utilities.), As Introduced No significant fiscal implication to the State is anticipated. The bill would require an electric utility or a transmission and distribution utility to perform an energy efficiency audit of a customer's premises at the request of a customer. The bill would also require the utility to offer a low-interest loan to a customer that participates in an energy audit to pay the costs of installing approved energy efficiency improvements, to be repaid by a surcharge on the customer's monthly electricity bill. The bill would require the Public Utility Commission to adopt rules to implement these provisions. The Public Utility Commission anticipates the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies:473 Public Utility Commission of Texas LBB Staff: JOB, ES, SD LEGISLATIVE BUDGET BOARD Austin, Texas FISCAL NOTE, 81ST LEGISLATIVE REGULAR SESSION April 8, 2009 TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE:HB4636 by Lucio III (Relating to energy efficiency audits and improvement loans for customers of electric utilities and transmission and distribution utilities.), As Introduced TO: Honorable Jim Keffer, Chair, House Committee on Energy Resources FROM: John S. O'Brien, Director, Legislative Budget Board IN RE: HB4636 by Lucio III (Relating to energy efficiency audits and improvement loans for customers of electric utilities and transmission and distribution utilities.), As Introduced Honorable Jim Keffer, Chair, House Committee on Energy Resources Honorable Jim Keffer, Chair, House Committee on Energy Resources John S. O'Brien, Director, Legislative Budget Board John S. O'Brien, Director, Legislative Budget Board HB4636 by Lucio III (Relating to energy efficiency audits and improvement loans for customers of electric utilities and transmission and distribution utilities.), As Introduced HB4636 by Lucio III (Relating to energy efficiency audits and improvement loans for customers of electric utilities and transmission and distribution utilities.), As Introduced No significant fiscal implication to the State is anticipated. No significant fiscal implication to the State is anticipated. The bill would require an electric utility or a transmission and distribution utility to perform an energy efficiency audit of a customer's premises at the request of a customer. The bill would also require the utility to offer a low-interest loan to a customer that participates in an energy audit to pay the costs of installing approved energy efficiency improvements, to be repaid by a surcharge on the customer's monthly electricity bill. The bill would require the Public Utility Commission to adopt rules to implement these provisions. The Public Utility Commission anticipates the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. The bill would require an electric utility or a transmission and distribution utility to perform an energy efficiency audit of a customer's premises at the request of a customer. The bill would also require the utility to offer a low-interest loan to a customer that participates in an energy audit to pay the costs of installing approved energy efficiency improvements, to be repaid by a surcharge on the customer's monthly electricity bill. The bill would require the Public Utility Commission to adopt rules to implement these provisions. The Public Utility Commission anticipates the duties and responsibilities associated with implementing the provisions of the bill could be accomplished by utilizing existing resources. Local Government Impact No significant fiscal implication to units of local government is anticipated. Source Agencies: 473 Public Utility Commission of Texas 473 Public Utility Commission of Texas LBB Staff: JOB, ES, SD JOB, ES, SD