Delaware General Assembly

Signed 7/21/23

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

5/16/23

Bush

Sen. Mantzavinos

Reps. Baumbach, Hilovsky, Osienski, Michael Smith
Sen. Sokola, Walsh, Wilson

AN ACT TO AMEND TITLE 29 OF THE DELAWARE CODE RELATING TO THE ENERGY EFFICIENCY INVESTMENT FUND.

This Act allows the Department of Natural Resources and Environmental Control to assist more small businesses and organizations in making energy efficiency improvements to their facilities by raising the proportion of those projects that can be funded through grants or loans by the Energy Efficiency Investment Fund. Currently, assistance is capped at 30% of the project cost up to $250,000, leaving an applicant to come up with the remaining 70% or more. This can be prohibitive for smaller entities. By raising the eligible proportion of the project cost to 60%, without changing the maximum funding, the Department can help more small businesses, local governments, and nonprofits reduce their operating costs and environmental impact.

84:107

15

7/21/23

N/A

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