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Senate Bill 422 Printer's Number 696

PENNSYLVANIA, May 2 - capacity and the revenue and energy cost savings accruing to

Commonwealth agencies from those projects through net metering

credits, electricity sales, the sale of renewable energy

credits, other Federal or State incentive programs and other

sources of revenue or energy cost savings.

(c) Revenue positive projects.--Annually, the Office of the

Budget shall determine which renewable energy projects have paid

back their initial costs with revenue and energy cost savings.

These projects shall be known as revenue positive projects. Once

this determination has been made, future revenue or energy cost

savings from revenue positive projects shall be credited into

the Renewable Energy Workforce Development Fund, which is

established in the State Treasury.

(d) Use of fund.--The department and the Department of Labor

and Industry shall direct the use of money in the fund, in

consultation with the council. Money in the fund shall be used

to provide job training, education and job placement assistance

for residents of this Commonwealth to work in the clean energy

and energy efficiency industry. At least 50% of the money in the

fund shall be used on an annual basis for programs and

initiatives that primarily benefit fossil fuel workers displaced

in the transition to renewable energy.

(e) Report.--The department shall submit an annual report to

the Governor, the General Assembly and the council describing

progress toward meeting goals for renewable energy installations

on State properties, the costs and revenue associated with each

project, the amount of revenue generated for the fund and

expenditures from the fund.

(f) Study by Department of Transportation.--

(1) The Department of Transportation shall conduct a

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