SECTIONS 32900 - California Statutes

FINANCIAL CODE

SECTION 32900

32900. (a) Energy costs account for a growing and substantial
portion of the operating costs of small businesses in California.
(b) Expenditures on energy by small businesses reduce profit
margins and increase operational difficulties.
(c) Substantial reductions in small business energy costs can be
realized through the installation of energy conservation, management,
and other efficiency improvements.
(d) Small business typically do not have access to financing at
rates and terms which make energy efficiency investments cost
effective and feasible.
(e) Providing financing assistance to small businesses to promote
energy efficiency investments is consistent with the guidelines for
using federal petroleum violation escrow account funds which provide
compensation to energy users who were overcharged by oil companies
that violated federal oil price control regulations.