Bill > S523

This bill provides funding for clean energy and energy efficiency measures in public school buildings in the Commonwealth of Massachusetts. Key provisions include: 1. The Department of Energy and Environmental Affairs will develop and implement a state plan to install clean energy measures in school district buildings, prioritizing projects that will realize significant energy cost savings quickly. The plan aims to be revenue-neutral, with energy cost savings covering the costs of the measures. 2. Contracts for installing energy efficiency measures must include provisions to ensure the measures are installed and energy cost savings are realized as intended. 3. The state will issue up to $50 million in "clean energy bonds" to fund the installation of clean energy measures, but only if the projected energy cost savings will cover the debt service on the bonds. 4. School districts will have a portion of their state funding deducted to cover their share of the debt service, up to the amount of their realized energy cost savings. 5. An annual report to the legislature and governor is required, detailing the program's activities, expenditures, energy cost savings, and overall cost-effectiveness.

Agriculture and Natural Resources

https://malegislature.gov/Bills/191/S523