This bill amends the Property Assessed Clean Energy Act in Nebraska by updating legislative findings and definitions related to energy efficiency, grid resiliency, and renewable energy. It emphasizes the importance of these elements for the health and economic well-being of Nebraskans, highlighting that improvements in energy efficiency and grid resiliency can stimulate economic development and create jobs. The bill introduces new terms such as "grid resiliency improvement," which encompasses various technologies designed to enhance the reliability of power systems, and modifies existing definitions to include these improvements alongside energy efficiency and renewable energy systems.

Additionally, the bill outlines the requirements for municipalities to create clean energy assessment districts, which will facilitate financing for energy projects. It mandates public hearings before the establishment of such districts and specifies the necessary components of the ordinances or resolutions that govern them. Key provisions include ensuring fixed interest rates for residential projects, establishing eligibility criteria for financing, and requiring verification of proper installation of energy improvements. The bill also repeals the original sections of the law, thereby streamlining the legal framework for implementing these energy initiatives.

Statutes affected:
Introduced: 13-3202, 13-3203, 13-3204