Bill > HB2812

This bill, known as the Local Energy Efficiency Partnership Act, allows local units of government in West Virginia (counties or municipalities) to establish programs that finance or refinance energy efficiency improvements on commercial or industrial properties. The program works by the local government entering into a contract with the property owner to fund the energy project, which is then repaid through assessments on the property. The bill outlines the procedures for establishing such a program, including public hearings, reporting requirements, and provisions for issuing bonds to finance the projects. It also specifies how the assessments are to be collected and how they are to be prioritized in relation to other liens on the property. The goal of the bill is to encourage and facilitate energy efficiency improvements, which can provide benefits such as reduced energy costs, reduced greenhouse gas emissions, and economic development.

Government Affairs

http://www.wvlegislature.gov/Bill_Status/Bills_history.cfm?input=2812&year=2021&sessiontype=RS&btype=bill