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CO SB092
Bill
AI Summary
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Requires any energy code provision adopted by Colorado counties or municipalities on or after January 1, 2026, to be cost effective based on an incremental multi-year analysis.
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Defines "cost effective" as when economic benefits exceed economic costs, measured from the perspective of a typical first-time home buyer over a 10-year period.
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Mandates analysis assumptions not exceed general inflation rates for fuel prices and ensure qualified buyers remain qualified after adding energy saving construction costs.
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Requires total costs of principal, interest, taxes, insurance, and utilities not increase after inclusion of proposed energy efficiency construction features compared to existing standards.
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Applies cost effectiveness requirement to both county and municipal energy codes, preventing amendments from changing this requirement despite local condition adjustments.
Legislative Description
Cost Effective Energy Codes
Local Government
Last Action
Senate Committee on Local Government & Housing Postpone Indefinitely
2/29/2024