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OH HB113
Bill
Status
12/17/2009
Primary Sponsor
Denise Driehaus
Click for details
AI Summary
HB 113 Summary
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Authorizes school districts to enter into installment payment contracts for renewable energy generation measures (such as solar or wind systems) with terms of up to 30 years, similar to existing authority for energy conservation measures which have 15-year terms.
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Establishes a three-year renewable energy schools pilot program requiring school districts with 5,000+ students to install minimum renewable energy systems (250 kilowatts for districts with 5,000-10,000 students; 500 kilowatts for districts with 10,000+ students) by 2013.
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Requires participating school districts to set up renewable energy educational installations or demonstration modules at schools where systems are installed for use in curriculum.
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Allows school districts to finance renewable energy systems through direct ownership and installment contracts or by hosting systems owned by third-party providers under power purchase agreements.
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Permits school districts to issue securities for renewable energy generation measures without a vote of electors, subject to a maximum principal amount of nine-tenths of one percent of tax valuation, with bonds having maximum maturities of 30 years.
Legislative Description
To authorize school boards, for on-site renewable energy generation measures and in the same manner as for energy conservation measures, to enter into installment contracts subject to specified terms of payment, to provide that energy conservation installment contracts are subject to those same terms, and to establish a two-tiered, three-year renewable energy schools pilot program that creates a process for schools to obtain a supply of electricity generated from renewable energy resources.
Schools-energy generation/conservation contracts/solar-source electricity goal
Last Action
To Energy & Public Utilities
12/22/2009