The Warren-Alquist State Energy Resources Conservation and Development Act requires the State Energy Resources Conservation and Development Commission to administer specified laws with respect to energy conservation.
This bill would require the commission to establish a grant program to reduce peak load demand by nonprofit public and private hospitals using thermal energy storage technologies that reduce load consumption during peak demand periods. The bill would appropriate $20,000,000 from the General Fund to the commission to fund the grants. The bill would require that no grant be awarded to a for-profit hospital until all eligible nonprofit hospitals have been awarded grants.
This bill would declare that it would become operative only if, and to the extent that, the Director of Finance determines that an amount of unencumbered funds sufficient to fund all or part of the appropriation made by the bill will be available from funds reverting to the General Fund after March 31, 2002, pursuant to a specified statute.
The bill would declare that it is to take effect immediately as an urgency statute.