September 2nd, 2004                              61LCB#4 Energy Efficiency Fund & Wind Power Line Item

 

Sponsored by:                                        Eugene Pearson                        President Pro-Tempore

                                                            Stephen Fenberg           2nd Vice-President

 

Authored by:                                         Eugene Pearson                        President Pro-Tempore

 

A Bill

Bill History

 

The Energy Efficiency Fund (EEF) was created in the 60th session of the UCSU to implement energy saving changes within UCSU controlled buildings.  The EEF was funded out of the Supplemental Operating Reserve (SOR) account for FY 2004-2005 as a one time expense.  The SOR account is exclusively for one time expenses and the UCSU expressed the desire in 60LCB#14 The Energy Efficiency Fund Continuation & Commitment Act of 2004 to ensure funding for the EEF in the future as a line item in the Environmental Center budget.  Likewise, the purchase of Wind Power by the UCSU needs a home in a cost center budget because it is no longer a referenda account beginning this year.  60LCR#13 Support for Local Wind Energy and 59LCR#10 Wind Power solidified the UCSU’s commitment to sustainable energy practices in Colorado which should be included in the Environmental Center’s base budget proposal in future years.

Bill Summary

 

This bill clarifies the calculation of the Energy Efficiency Fund (EEF) into the Environmental Center budget.  It adds the wind energy component into the budget as a line item and codifies the purchase of local wind energy by the UCSU.

THEREFORE BE IT ENACTED by the Legislative Council of the University of Colorado Student Union, THAT,

 

SECTION 1:  The purchase of renewable energy by the UCSU shall be included as a line item in the Environmental Center budget.

 

SECTION 2:  The addition of both the Energy Efficiency Fund and the Renewable Energy line items shall be included in the base budget of the Environmental Center in the FY 2005-2006 budget proposals.

 

SECTION 3:  Preference for the purchase of renewable energy by the UCSU shall be given to local (within Colorado) sources of renewable energy or from sources that have made a commitment to creating renewable energy sources in Colorado while continuing to evaluate cost as a factor.

 

SECTION 4:  The Energy Efficiency Fund shall recover 35% of the demonstrated savings in energy costs to its budget from the previous year’s projects energy saving estimates.  This provision will be included as an unduckable in the Environmental Center budget.

 

SECTION 5:  The Energy Efficiency Fund line item will be included as a line item in the Environmental Center budget, subject to reauthorization by the Finance Board and the Legislative Council, beyond the 2009-2010 FY budget.

 

SECTION 6:  ENACTMENT. This bill takes effect upon passage upon passage by the Legislative Council and upon obtaining the signatures of the Council President and the Tri-Executives.

 

9/2/04                                                   Passed                                                              Acclamation

9/9/04                                                   Passed                                                              13-0-0