Senate Resolution No. by Senator Duplessis establishes a study commission tasked with examining and recommending policies to implement innovative, market-oriented financing solutions aimed at enhancing energy efficiency and resilience in Louisiana's economy. The resolution emphasizes the importance of fostering economic growth, attracting private investment, and improving the resilience of commercial infrastructure to address rising energy costs and the impacts of severe weather. The commission will explore various financing mechanisms, including Commercial Property Assessed Capital Expenditure and Resilience (C-PACE) programs and on-bill financing, to stimulate capital investment in energy efficiency and renewable energy projects.
The commission will consist of representatives from various organizations and stakeholder groups, including the Senate, public facilities authority, energy associations, and economic development entities. It is tasked with conducting a comprehensive review of financing models, assessing their potential impacts, analyzing best practices from other states, and identifying barriers to adoption in Louisiana. The commission is required to submit a written report of its findings and recommendations to the Senate Committee on Local and Municipal Affairs and Louisiana Economic Development by February 1, 2026.