Bill > HB50

This bill establishes the Delaware Energy Fund to provide financial assistance to low-income residents for energy costs, with several key provisions. The fund will be administered by the Sustainable Energy Utility (SEU) and will help residents whose household income is below 350% of the federal poverty level (which means up to $54,775 for a single person or $112,525 for a family of four). Recipients will be required to participate in energy savings and efficiency programs, and only one assistance payment may be made per application, though subsequent applications can be submitted if funds are available. The bill also modifies how existing energy-related funds are used, including directing 65% of CO2 allowance proceeds to the SEU with new flexibility in fund usage, and transferring 30% of alternative compliance payments to the Low Income Home Energy Assistance Program. Additionally, the SEU must provide annual reports to legislative and executive leadership about the fund's operations, and the bill allows corporations and other entities to contribute to the fund. The legislation is set to expire in three years unless extended by a subsequent act of the General Assembly, with implementation required within 30 days of enactment.

Transportation and Infrastructure

https://legis.delaware.gov/BillDetail?LegislationId=141862