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Bill > HB37


NM HB37

NM HB37
Community Energy Efficiency Dev Block Grant


summary

Introduced
01/19/2022
In Committee
02/15/2022
Crossed Over
02/05/2022
Passed
02/15/2022
Dead
Signed/Enacted/Adopted
02/28/2022

Introduced Session

2022 Regular Session

Bill Summary

AN ACT RELATING TO UTILITIES; ENACTING THE COMMUNITY ENERGY EFFICIENCY DEVELOPMENT BLOCK GRANT ACT; CREATING A GRANT PROGRAM TO IMPLEMENT ENERGY EFFICIENCY MEASURES IN LOW-INCOME HOUSEHOLDS; AUTHORIZING THE NEW MEXICO MORTGAGE FINANCE AUTHORITY TO APPLY FOR COMMUNITY ENERGY EFFICIENCY DEVELOPMENT BLOCK GRANTS; MANDATING UTILITY REPORTING OF CUSTOMER DISCONNECTIONS, ARREARS AND HOUSEHOLDS WITHOUT SERVICE; REQUIRING UTILITIES TO SUBMIT REPORTS ON ENERGY AFFORDABILITY AND ACCESS TO ELECTRIC, WATER AND WASTEWATER SERVICE; AUTHORIZING UTILITY RATE PREFERENCES FOR LOW-INCOME CUSTOMERS; DIRECTING RULEMAKING; CREATING A FUND.

AI Summary

This bill creates the Community Energy Efficiency Development Block Grant Act, which establishes a grant program to implement energy efficiency measures in low-income households in underserved communities. The bill authorizes the New Mexico Mortgage Finance Authority to apply for these grants, and requires utilities to report on customer disconnections, arrears, and access to service. The bill also allows for utility rate preferences for low-income customers and creates a dedicated fund to administer the grant program.

Committee Categories

Agriculture and Natural Resources, Budget and Finance, Business and Industry

Sponsors (6)

Last Action

Signed by Governor - Chapter 10 - Feb. 28 (on 02/28/2022)

bill text


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