Senate Resolution No. by Senator Duplessis establishes a study commission tasked with examining and recommending policies to implement innovative, market-oriented energy and resilience financing solutions aimed at empowering Louisiana's economy. The resolution emphasizes the importance of fostering economic growth, attracting private investment, and enhancing the resilience of commercial infrastructure in the state. It highlights the potential of various financing mechanisms, such as Commercial Property Assessed Capital Expenditure and Resilience (C-PACE) programs and on-bill financing, to stimulate capital investment in energy efficiency, renewable energy, and hazard mitigation.
The commission will conduct a comprehensive review of these financing models, assess their potential impacts on energy efficiency and economic development, and analyze best practices from other states. It will also evaluate barriers to adoption in Louisiana and develop strategies to overcome them, while considering consumer protection measures and program administration costs. The commission will consist of representatives from various organizations and stakeholders, and it is required to submit a report of findings and recommendations to the Senate Committee on Local and Municipal Affairs and Louisiana Economic Development by February 1, 2026.