Change provisions relating to the Property Assessed Clean Energy Act

Summary

The bill revises the state’s clean‑energy financing law by adding new legislative findings, expanding definitions of eligible projects and property, and setting detailed procedures for municipalities to create clean‑energy assessment districts. It requires public hearings, fixed‑rate financing for residential projects, and compliance with federal housing guidelines. The changes aim to make energy‑efficiency, grid‑resiliency, and renewable upgrades more affordable for property owners.

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