HF2834 Summary

• Extends lease purchase agreements for utility cost-savings measures from 15 to 25 years and allows physicians assistants, advanced practice registered nurses, and registered nurses (in addition to medical doctors) to certify medical necessity for utility service continuation.

• Establishes new propane sales regulations requiring price and fee disclosure, budget payment plans available to all customers including LIHEAP participants, prohibition on service fees during prepurchase contracts, and cash sales options.

• Sets low-income electric rate discount program at $8,000,000 base annual funding (increasing with approved residential rate increases) and provides $15 discount per billing period for customers age 62+ or disabled, replacing prior 50 percent discount formula.

• Requires electric utilities to file tariffs by February 1, 2015 allowing customers to purchase electricity for electric vehicle charging at time-of-day or off-peak rates, with renewable energy options.

• Authorizes utilities to establish on-bill repayment programs enabling customers to finance energy conservation and renewable energy projects through loans from eligible lenders collected on utility bills.