The commission shall establish and administer a statewide incentive program for low-carbon building technologies, consistent with all of the following:

(a) The commission shall coordinate with other program administrators, such as the Public Utilities Commission, the Department of Community Services and Development, and the Strategic Growth Council, and may integrate with or enhance other incentive programs.

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(b) The commission shall establish eligibility requirements for the statewide incentive program for low-carbon building technologies.

(c) Measures eligible for funding pursuant to the statewide incentive program for low-carbon building technologies include, but are not limited to, low-carbon building technologies, such as heat pumps, space and water heaters, and other efficient electric technologies.

(d) A minimum of 50 percent of the moneys allocated pursuant to the statewide incentive program for low-carbon building technologies shall benefit residents living in an under-resourced community.

(e) The guidelines for the statewide incentive program for low-carbon building technologies may be developed with input from stakeholders, including, but not limited to, residential dwelling owners, manufacturers, building contractors, utilities, and other agencies through public workshops.

(f) The commission may establish guidelines for purposes of the statewide incentive program for low-carbon building technologies.

(Added by Stats. 2022, Ch. 251, Sec. 12. (AB 209) Effective September 6, 2022.)