PRINTER'S NO. 2464
No. 1431 Session of 2007
INTRODUCED BY GEORGE, BELFANTI, BENNINGTON, CURRY, FABRIZIO,
FREEMAN, HALUSKA, HARKINS, HERSHEY, HORNAMAN, JOSEPHS, KOTIK,
LEACH, LEVDANSKY, LONGIETTI, MAHONEY, MANN, McGEEHAN,
McILVAINE SMITH, MOYER, MUNDY, PETRARCA, PETRONE, READSHAW,
SIPTROTH, SOLOBAY, SURRA, WALKO AND KULA, SEPTEMBER 24, 2007
REFERRED TO COMMITTEE ON CONSUMER AFFAIRS, SEPTEMBER 24, 2007
AN ACT
1 Amending Title 66 (Public Utilities) of the Pennsylvania
2 Consolidated Statutes, defining "on bill financing"; and
3 providing for on bill financing program.
4 The General Assembly of the Commonwealth of Pennsylvania
5 hereby enacts as follows:
6 Section 1. Section 102 of Title 66 of the Pennsylvania
7 Consolidated Statutes is amended by adding a definition to read:
8 § 102. Definitions.
9 Subject to additional definitions contained in subsequent
10 provisions of this part which are applicable to specific
11 provisions of this part, the following words and phrases when
12 used in this part shall have, unless the context clearly
13 indicates otherwise, the meanings given to them in this section:
14 * * *
15 "On bill financing." A low interest or no interest financing
16 agreement between a small business consumer, as defined in
17 section 2 of the act of December 21, 1988 (P.L.1871, No.181),
1 known as the Small Business Advocate Act, and an electric
2 utility for the purpose of purchasing or installing energy
3 efficient or renewable energy equipment at the small business,
4 under which the regularly scheduled payment of that small
5 business consumer to that electric utility is not reduced by the
6 amount of the reduction in cost attributable to the new
7 equipment and that amount is credited to the electric utility,
8 until the cost of the purchase or installation is repaid.
9 * * *
10 Section 2. Title 66 is amended by adding a section to read:
11 § 531. On bill financing program.
12 (a) General rule.--The commission shall, for each electric
13 generation supplier, establish an on bill financing program that
14 at a minimum:
15 (1) Enables small business consumers to finance all of
16 the upfront costs for the purchase and installation of a
17 cost-effective energy saving product or a renewable energy
18 system that is to be installed at the customer's location and
19 repay those costs over time at the difference between what
20 the customer would have paid for electricity and the actual
21 savings derived by the customer.
22 (2) Ensures that the reasonable costs of the electric
23 generation supplier are recovered.
24 (3) Ensures that all costs of the program are solely
25 borne by program participants and are not shifted to the
26 other customers or classes of customers of the electrical
27 corporations.
28 (b) Annual reports.--The commission shall issue an annual
29 report to the General Assembly regarding the program and any
30 legislative recommendations.
20070H1431B2464 - 2 -
1 Section 3. This act shall take effect in 60 days.
I13L66SFL/20070H1431B2464 - 3 -