Current with changes from the 2024 Legislative Session
Section 5-446 - Energy project - Considerations; promotion(a) In awarding financial assistance under this subtitle for an energy project, the Authority shall consider whether the energy project would: (1) reduce the consumption of petroleum and other energy sources;(2) increase the energy supply available in the State;(3) increase employment and economic activity in the State;(4) use sound technology and be economically feasible;(5) minimize harm to the environment; and(6) make the most use of federal financial assistance programs for energy projects.(b) The Authority shall: (1) promote programs of financial assistance for energy projects established under this subtitle;(2) inform consumers, the private sector, and financial institutions about these programs and actively seek their participation;(3) develop and disseminate descriptions of its programs of financial assistance for energy projects; and(4) serve as a clearinghouse for information on federal and State programs of financial assistance for energy projects.