Bill > SB00093

This bill creates financing opportunities for zero-emission vehicle infrastructure and resiliency measures through the Commercial Property Assessed Clean Energy (C-PACE) program. The key provisions of the bill include: 1. Expanding the definition of "energy improvements" under the C-PACE program to include the installation of refueling infrastructure for zero-emission vehicles and the installation of resilience improvements to qualifying commercial properties. 2. Requiring the Connecticut Green Bank to consult with the Department of Energy and Environmental Protection and the Connecticut Institute for Resilience and Climate Adaptation to develop program eligibility criteria for financing resilience improvements. 3. Allowing the Connecticut Green Bank to serve as an aggregating entity for the purpose of securing state or private third-party capital provider financing for energy improvements, including zero-emission vehicle infrastructure and resilience measures. 4. Exempting the installation of refueling infrastructure for zero-emission vehicles and resilience improvements from the requirement that the combined projected energy cost savings and other associated savings of the energy improvements must exceed the costs of such improvements.

Transportation and Infrastructure

Energy and Technology Committee (Joint)

https://www.cga.ct.gov/asp/cgabillstatus/cgabillstatus.asp?selBillType=Bill&bill_num=SB00093&which_year=2022