HB 3620
Repeals the public purpose charge and public purpose expenditure standard for electric companies and Oregon Community Power.
Jurisdiction
Oregon
Session
2025 Regular Session
Committee
Climate, Energy, and Environment
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill repeals the public purpose charge and public purpose expenditure standard for electric companies and Oregon Community Power. It also abolishes the Housing and Community Services Department Electricity Public Purpose Charge Fund. The bill aims to simplify energy financing and potentially shift responsibility for these funds to other entities, specifically focusing on promoting heat pump adoption and energy efficiency projects.
Key provisions
- Repeals the public purpose charge and public purpose expenditure standard for electric companies and Oregon Community Power.
- Abolishes the Housing and Community Services Department Electricity Public Purpose Charge Fund.
- Establishes a Heat Pump Deployment Program to provide financial assistance for heat pump installations.
- Creates a Small Scale Local Energy Project Loan Fund to support energy efficiency and renewable energy projects.
- Allows the State Department of Energy to enter into contracts for issuing energy efficiency and sustainable technology loans.
- Requires utility consent before operating energy efficiency loan programs in smaller utility territories.
- Authorizes the Department of Energy to establish qualifications for loan recipients.
- Defines key terms related to energy efficiency, renewable energy, and loan programs.
Who is affected
- Electric companies
- Oregon Community Power
- Homeowners
- Landlords
- Utility customers
Sponsors
Official sponsors from legislative records.
Primary sponsor
E. Werner Reschke
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