Delaware General Assembly

Signed 8/6/14

The General Assembly has ended, the current status is the final status.

6/26/13

Poore

Rep. Brady

Sen. Lopez, Pettyjohn, Sokola, Townsend
Reps. Bennett, Bolden, Outten, Peterman

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO SUSTAINABLE ENERGY UTILITY.

This bill is intended to implement the recommendations of the General Assembly’s Joint Sunset Committee following its review of the Sustainable Energy Utility. The Committee recommended that the statute governing the SEU, Title 29, Section 8059 be amended to a) allow greater flexibility in the composition of the Board, b) include language about staggering the terms of Board members, c) provide standards for the removal of Board members, and d) state that Board members appointed by the Governor may be deemed to have resigned if they are absent from three consecutive Board meetings without good cause. The bill also implements the Committee’s recommendation that the organizational structure of the SEU be changed from the current model, which requires a contract administrator and a fiscal agent. Instead, the SEU’s day-to-day business shall be managed by an executive director, who reports directly to the SEU Oversight Board. The Executive Director will handle certain responsibilities previously assigned to the contract administrator and fiscal agent. The bill also implements the Committee’s recommendations that a) the SEU submit a public annual report to the Governor and the General Assembly, b) prepare certified financial statements each year, c) the SEU’s financial statements be audited every other year by an independent certified public accounting firm, d) the SEU prepare a three to five year strategic plan with input from stakeholder groups and the public, which plan shall include an educational component for the general public and a continued focus on residential energy efficiency projects, and e) the SEU Oversight Board is authorized to appoint an advisory committee or committees to assist the Board from time to time.

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Takes effect upon being signed into law

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