This bill takes money from the Unclaimed Property Fund and loans it to utility consumers at low interest rates for the purpose of enhancing property owner’s energy efficiency. This is a horrible bill, which steals money supposedly held ‘in perpetuity’ until reclaimed by the rightful owner. This is not the proper role of government to be choosing winners and losers. Energy efficiency is of course desirable, but that does not mean government should do it. The bill sponsors should explain how public safety is at risk and their use of the Safety Clause.
