HB 559 (2017)
This bill did not become law.
Modifies the Regional Greenhouse Gas Initiative (RGGI) program by repealing the $1 per allowance rebate threshold for auction proceeds deposited into the Energy Efficiency Fund. Under the bill, all commercial and industrial retail electric ratepayers would receive a full rebate and residential customer rebates would end. Up to 35% of all remaining proceeds would be allocated to the low-income core energy efficiency program (current rate is 15%). Up to $5 million annually would be allocated to municipal, school district, and local government energy efficiency projects. Any remaining amounts would go to a fuel-neutral residential core energy efficiency program. The House amended the bill to repeal all ratepayer rebates, not just residential customer rebates.
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