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Bill Detail: SB24-092

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Title Cost Effective Energy Codes
Status Senate Committee on Local Government & Housing Postpone Indefinitely (02/29/2024)
Bill Subjects
  • Local Government
House Sponsors R. Pugliese (R)
Senate Sponsors B. Pelton (R)
House Committee
Senate Committee Local Government and Housing
Date Introduced 01/24/2024
Summary

The bill requires any provision of any energy code adopted by a
county or municipality on or after January 1, 2026, to be cost effective.
Cost effective means, using the existing energy efficiency standards and
requirements as a base of comparison, that the economic benefits of the
proposed energy efficiency standards and requirements will exceed the
economic costs of those standards and requirements based upon an
incremental multi-year analysis that:
  • Considers the perspective of a typical first-time home
buyer;
  • Considers benefits and costs over a 10-year period;
  • Does not assume fuel price increases in excess of the
assumed general rate of inflation;
  • Ensures that the buyer of a home who would qualify to
purchase the home before the addition of the energy
efficiency standards will still qualify to purchase the same
home after the additional cost of energy saving
construction features; and
  • Ensures that the costs of principal, interest, taxes,
insurance, and utilities will not be greater after the
inclusion of the proposed cost of the additional energy
saving construction features required by the proposed
energy efficiency rules than under the provisions of the
existing energy efficiency rules.

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