Sec. 407. Accelerating the deployment of zero-emission residential and commercial heating
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In this section: The term fossil fuel heating system means any boiler, furnace, hot water heater, or forced air system that uses coal, oil, natural gas, propane, or any other fossil fuel, as determined by the Secretary. The term Program means the zero-emission residential and commercial heating program established under subsection (b). The term retail electric supplier means an entity that sold not less than 1,000 megawatt hours of electric energy to electric consumers for purposes other than resale during the preceding calendar year.
The term retail natural gas supplier means an entity that sold not less than 100,000 cubic feet of natural gas to natural gas customers for purposes other than resale during the preceding calendar year. The Secretary shall establish a zero-emission residential and commercial heating program. The Secretary shall establish a competitive process for the Program to make grants. In selecting participants for the Program, the Secretary shall only consider applications (including joint applications) submitted by— retail electric suppliers; retail natural gas suppliers;
States; and Indian tribes. Not later than 120 days after the date of enactment of this Act, and not later than 90 days after the date on which any subsequent amounts are made available for the Program, the Secretary shall publish criteria for the selection of applicants, including criteria prioritizing applications— with the highest non-Federal cost share relative to the value of the Federal grant offered under the Program; that deliver the most rapid reductions in emissions due to fossil fuel heating energy; and that meet other criteria considered appropriate by the Secretary.
The applications submitted by eligible entities under paragraph
(2)shall describe how selection criteria under subparagraph
(A)are met, including a description of— the non-Federal cost-share; and the manner in which the applicant will measure and verify the planned energy savings. Not later than 120 days after the date of publication by the Secretary of the selection criteria described in paragraph (3), any entity that meets the eligibility criteria described in paragraph
(2)may apply to the Secretary to receive a grant. In each application, the applicant may apply for a grant of not more than $20,000,000. Funds provided by a grant under this subsection may be used— to replace any fossil fuel heating system with a zero-emission heating system; to provide incentives to owners to replace any fossil fuel heating system with a zero-emission heating system; to reduce emissions in an existing natural gas distribution system; and to replace any fossil fuel heating system with a heating system that is at least 50 percent more energy efficient. A grant provided under this subsection to a private, for-profit entity shall be subject to a minimum non-Federal cost-sharing requirement of 50 percent. The Secretary shall determine the appropriate cost share for each selected applicant. The Secretary may reduce or eliminate the cost-sharing requirement described in subclause (I), as the Secretary determines to be necessary. The Secretary shall not require repayment of the Federal share of a cost-shared activity under this section as a condition of providing a grant. The Secretary shall consider the receipt of other Federal funds by the applicant in determining the cost share of the applicant. Not later than 120 days after the application deadline established under subparagraph (A), the Secretary shall announce the applicants selected to receive grants under this section. The Secretary shall determine what data will be required to be collected by participants in the Program and submitted to the Secretary to permit analysis of the Program. As a condition of participation in the Program, an applicant shall provide any data determined by the Secretary under subparagraph (A). In carrying out this paragraph, the Secretary shall, as appropriate, provide for the protection of proprietary information and intellectual property rights. To ensure the transition to 100 percent clean and renewable energy by 2050, starting in 2035, the Secretary, in consultation with the Council, shall have the authority to set standards for residential and commercial heating systems that eliminate fossil fuel emissions by 2050. The Secretary shall use to carry out this section not more than $10,000,000,000 for each fiscal year from the Climate Fund.