The bill requires that, on and after January 1, 2024, every home
warranty service contract that provides coverage for the replacement of any of certain gas-fueled appliances must include terms:
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Allowing the homeowner to replace the gas-fueled appliance with a similar device of the homeowner's choosing that operates on electricity rather than gas;
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Describing minimum efficiency and performance standards for each gas-fueled appliance and for electric replacements; and
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Allowing the homeowner to receive an equivalent cash value of a gas-fueled appliance in lieu of a replacement appliance.
