(a) An applicant for a loan under this Program must have an submit to the County a home energy audit performed on the owner’s home by a certified energy auditor.
(b) The auditor must prepare a written report that:
(1) contains findings and recommendations to improve the home’s energy efficiency;
(2) identifies those cost effective energy efficiency improvements which would generate projected annual energy cost savings, based on projected energy costs set by Method (3) regulations, that are equal to or more than the estimated cost of the improvements to be financed under the County program when the cost of the improvements are amortized over 15 years; and
(3) identifies any public or private financing mechanisms known to the auditor that could be used to implement energy efficiency improvements.
(c) The cost of the audit may be included in the amount of the loan. (, § 1.)
Editor’s note—, § 2, states in part: (a) Unless the Council grants an extension, the County Executive must adopt and submit to the County Council, not later than (date 6 months after enactment of bill [October 14, 2009]), regulations to implement Article 4 of Chapter 18A, as added by Section 1 of this Act.... (c) Within 6 months, the Executive must: (1) report to the Council on whether the cost of the home energy audit required under § 18A-27 is likely to be a significant barrier to participation in the Program; and (2) provide recommendations to address any barrier that the Executive identifies.
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