Relating to inclusive utility investment programs.
Catchline/Summary:
Requires each electric company to develop an inclusive utility investment program to provide financing for customers' energy efficiency upgrades or renewable energy projects. Digest: Tells each power company to make a program to help pay for energy projects that reduce customers' costs. Sets out program standards. (Flesch Readability Score: 64.9).
Requires each electric company to develop an inclusive utility investment program to provide financing for customers' energy efficiency upgrades or renewable energy projects. Requires an inclusive utility investment program to provide savings reflected in the reduction in a customer's electricity or energy utility costs. Allows the Public Utility Commission to establish minimum financial savings standards and adopt and provide electric companies with performance incentives.
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