Bill > H2904

This bill proposes to amend existing Massachusetts law to ensure that at least 80% of funds generated from the Regional Greenhouse Gas Initiative (RGGI), a cap-and-trade program for carbon dioxide emissions, and the NOx Allowance Trading Program are used to fund electric energy efficiency programs. These programs would be reviewed and approved by the Department of Public Utilities and could be administered by either electric distribution companies or by entities called "MLP Program Administrators," which are defined as the Massachusetts Municipal Wholesale Electric Company or its successors, or Energy New England LLC or its successors, as chosen by participating municipal lighting plants. MLP Program Administrators would need to submit annual reports on projected and actual program expenditures and savings, and ensure their programs align with those of electric distribution companies and municipal aggregators to count towards the state's energy savings goals. Municipal lighting plants or MLP Program Administrators have the option to opt out of these requirements and not receive funding, in which case they would not be subject to the energy efficiency program mandates.