Texas cogeneration bills signed into law

The Governor of Texas, Rick Perry, has signed into law several bills that will directly and indirectly help advance the US state's combined heat and power market.

Relevant bills passed by the recently concluded 83rd Legislature include the HB 1864 bill which authorizes the State Energy Conservation Office (SECO) to develop guidelines for how CHP is evaluated, as currently required by law, prior to the construction or renovation of government facilities deemed to be "critical" for emergency preparedness and emergency response operations.
Rick Perry
GC CEAC will assist SECO in the preparation of the CHP evaluation guidelines.Also HB 2049 changes current law so that cogeneration facilities can now sell electricity to purchasers of thermal energy thereby maximizing operational efficiency and minimizing financial risk.

Meanwhile SB 385 makes needed changes to the long-term project financing mechanism known as Property Assessed Clean Energy (PACE). PACE provides low-cost, long-term financing for CHP, waste heat recovery, and other energy-efficient and water-efficient technologies on commercial and industry property.

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