SENATE BILL REPORT

SB 5172

BYSenators Benitz, Williams and Nelson; by request of Washington State Energy Office

Extending utility lending of credit to equipment.

Senate Committee on Energy & Utilities

Senate Hearing Date(s):January 27, 1989; January 31, 1989

Majority Report:  Do pass.

      Signed by Senators Benitz, Chairman; Metcalf, Nelson, Stratton, Sutherland, Williams.

Senate Staff:Phil Moeller (786-7445)

                  April 11, 1989

House Committe on Energy & Utilities

AS PASSED SENATE, FEBRUARY 13, 1989

BACKGROUND:

RCW 35.92.360 implements the 1979 constitutional amendment allowing municipal utilities to assist owners of residential structures in financing the acquisition and installation of cost- effective energy conservation measures.  Last fall the voters extended the scope of the constitutional amendment.

SUMMARY:

Municipal utility authority to loan funds for energy conservation improvements is broadened consistent with the scope of the constitutional amendment.  Financing is made available for both residential and nonresidential structures and equipment. The financing is limited to existing structures and may not result in conversion from one energy source to another. 

Appropriation:    none

Revenue:    none

Fiscal Note:      none requested

Senate Committee - Testified: Ed McGuire, WSEO; Jake Fey, Tacoma City Light; Tom Mortimer, Washington PUD Association

HOUSE AMENDMENT:

Energy utilities are allowed to provide financial or other assistance for the planting of shade trees.  The assistance may be given to owners of residential structures or community groups which plant trees.