SENATE BILL REPORT

SB 5518

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

Creating the energy efficiency account.

Senate Committee on Energy & Utilities

Senate Hearing Date(s):January 31, 1989; February 24, 1989

Majority Report:  That Substitute Senate Bill No. 5518 be substituted therefor, and the substitute bill do pass.

      Signed by Senators Benitz, Chairman; Metcalf, Owen, Sutherland, Williams.

Senate Staff:Paul Ahern (786-7449)

                  February 24, 1989

AS REPORTED BY COMMITTEE ON ENERGY & UTILITIES, FEBRUARY 24, 1989

BACKGROUND:

The state of Washington each year spends $50 million for energy in buildings that it owns and operates.  Currently, monies to finance energy efficiency in these buildings are appropriated through the capital budget.

SUMMARY:

An energy efficiency revolving account is established in the state treasury for use in acquiring energy efficiency improvements in state-owned and operated facilities.  Money is disbursed by the State Energy Office, and is paid back into the account by the affected agency.

EFFECT OF PROPOSED SUBSTITUTE:

Before any monies could be disbursed from the energy account, approval of the Director of the Office of Financial Management is required.

Appropriation:    none

Revenue:    none

Fiscal Note:      requested January 27, 1989

Senate Committee - Testified: Dick Watson, WSEO (pro); Gary Bursch, WSEO (pro)