Energy Efficiency Standard

HB __ would require utilities to achieve a cumulative energy efficiency savings equal to 10.5% of retail sales by 2020.

Investor owned utilities, municipal utilities and electric cooperatives would be required to participate.

Eligible Activities - the most cost effective combination of demand side management, funding replacement of substandard housing stock, home and rental unit energy efficiency improvements, education programs, financing energy efficiency measures through on-bill financing 

Residential Requirement - at least 10% of incremental energy savings achieved must be achieved through programs that assist low-income households