Development of Thermal Energy Resources

Summary

The bill gives cities, towns, counties and special districts clear authority to pool heating and cooling demand, contract with private partners, and issue revenue bonds to build and run thermal‑energy networks. It removes legal uncertainty that has made such projects costly, especially for small and rural communities. The change aims to expand geothermal and waste‑heat use to lower energy costs for residents.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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