Mary Fallin Signs Energy Efficiency Bill into Law
This past Thusday, our own Mary Fallin signed a new bill to challenge all state agencies to improve their energy effeciency 20% by 2012. Here's a snippet from the Department of Energy's release:
"Bill 1096 sets a cumulative energy savings target of at least 20% by 2020 when compared to utility expenditures from fiscal year 2012. Currently, projections show that energy consumption could be reduced by 20% - 30% percent by 2020. If the goal is met, Oklahoma could save between $300 and $500 million in energy costs over the next 10 years.
Under Bill 1096, the Oklahoma Office of State Finance will oversee the development and implementation of the energy efficiency and conservation program. In addition to this, they would ensure that all costs associated with the program are funded by the resulting energy-cost savings."