Reference is to the bill as introduced.
Amend the bill, as and if amended, by deleting all after the enacting words and inserting:
/ SECTION 1. Section 58-37-50(H) and (J) of the 1976 Code, as added by Act 141 of 2010, is amended to read:
"(H) An
electricity provider or natural gas provider may enter into
agreements for the installation of energy efficiency and
conservation measures and the recovery of the costs, including
financing costs, of the measures with respect to rental
properties by filing a notice of meter conservation charge as
provided in subsection (G) and by complying with the provisions
of this subsection:
(1)
The energy audit required by subsection (F)
above must be conducted and the results
provided to both the landlord and the tenant living in the
rental property at the time the agreement is entered.
(2)
If both the landlord and tenant agree, the electricity
provider or natural gas provider may recover the costs of the
energy efficiency and conservation measures, including financing
costs, through a meter conservation charge on the account
associated with the rental property occupied by the tenant. The
agreement must provide notice to the landlord of the provisions
contained in subsection (H)(3).
(3)
With respect to a subsequent tenant occupying a rental
unit benefiting from the installation of energy efficiency and
conservation measures, the electricity provider or natural gas
provider may continue to recover the costs, including financing
costs, of the measures through a meter conservation charge on
the account associated with the rental property occupied by the
tenant. With respect to a subsequent tenant, the landlord must
give a written notice of meter conservation charge in the same
manner as required by Section 27-40-420
27-40-240. If the landlord fails to give the subsequent
tenant the required notice of meter conservation charge, the
tenant may deduct from his rent, for no more than one-half of
the term of the rental agreement, the amount of the meter
conservation charge paid to the electricity provider or natural
gas provider.
(J) An electricity provider or natural gas provider may contract with third parties to perform functions permitted under this section, including the financing of the costs of energy efficiency and conservation measures. A third party must comply with all applicable provisions of this section. When an electricity or natural gas provider contracts with a third party to perform administrative or financing function under this subsection, the liability of the third party is limited in the same manner as an electricity provider or natural gas provider is under subsection (E)."
SECTION 2. This act takes effect upon approval by the Governor. /
Renumber sections to conform.
Amend title to conform.