SECTIONS 3365-3367.5 - California Statutes

PUBLIC UTILITIES CODE

SECTION 3365-3367.5

3365. The authority may provide loans, utilizing up to one billion
dollars ($1,000,000,000) of the bond authority, under terms and
conditions approved by the authority, to any participating party,
which shall use that loan to make loans available to California
consumers and businesses for all of the following purposes:
(a) The purchase of consumer appliances and home improvements with
electric and gas energy efficiency or renewable energy
characteristics, as approved by the Energy Commission, the
commission, or a participating local publicly owned electric utility,
as applicable.
(b) The purchase or lease of business equipment and facility
improvements with electric and gas energy efficiency or renewable
energy characteristics, as approved by the Energy Commission, the
commission, or a participating local publicly owned electric utility,
as applicable.
(c) Any other electric or natural gas energy conservation program
or any program for the use of renewable energy resources, as approved
by the Energy Commission, the commission, or a participating local
publicly owned electric utility, as applicable.

3366. As a condition of receipt of a loan pursuant to Section 3365,
a participating party shall be required to conduct a comprehensive
marketing program that makes consumers aware of the availability of
these financial assistance programs, and to provide appropriate
security for repayment of the loan, including, without limitation, a
pledge to the authority of consumer and business loan repayments
collected through utility bills, as applicable and a certification
that the duration of a loan will not exceed the useful life of a
purchase.

3367. The authority shall require that any equipment or improvement
financed by a loan made pursuant to this article shall be certified
as having been installed or completed.

3367.5. The authority may require that a participating party
utilize a consumer protection plan for screening qualified
contractors who serve consumers under this article.