Expanding the use of distributed energy resources.

Summary

The bill lets electric and natural‑gas companies invest in cost‑effective conservation measures for single‑family and multifamily rental properties. The cost is repaid via an “energy savings charge” on the tenant’s regular utility bill, with the utility allowed a return on its investment. It prioritizes low‑income renters, vulnerable groups, and highly impacted communities while protecting owners from upfront costs.

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

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