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On November 8, 2007, House
Speaker Sal DiMasi, and House Telecommunications, Utilities and Energy
Chairman Brian Dempsey unveiled the House of Representatives new energy
proposal for the Commonwealth of Massachusetts.
"The Green Communities Act"
will place a renewed focus on cost-saving, energy efficiency, and
renewable energy for both citizens and business owners of the
commonwealth. Many businesses were consulted in its development, including
GBREB.
Incentives include allowing
current energy efficiency program revenues to be accessed for "demand
response" and "combined heat and power projects." Currently that is not
the case. A 15 percent or $300 tax credit will also be allowed to Massachusetts businesses to
offset the cost of purchasing a solar water heating system.
On the local level, cities and
towns will have the opportunity to participate in newly established
programs which will provide loans and grants to finance the cost of energy
improvements.
Among the other new portions
of the bill are provisions which:
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Implement long-term
contracts for renewable energy.
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Establish a pilot program
requiring distribution companies to enter into cost-effective renewable
energy contracts for 10 to 15 years to help make Massachusetts a
national leader in renewable energy generation.
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Establish least-cost energy
planning programs.
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Mandate that distributors
consider all available energy resources when purchasing power and
requires them to buy the most cost-effective and stable resources.
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Establish an alternative
energy portfolio standard.
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Provide market incentives to
alternative generation technologies by requiring that a percentage of
generation sold to customers come from alternative energy sources.
The legislation will be taken
up for debate by the House of Representatives the week of November 12, and
then sent to the Senate for consideration.
Copy of the
Legislation
and a bill summary.
www.gbreb.com |