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Title 42, The Public Health and WelfareRelease 119-110

§17124 Advisory Committee on Energy Efficiency Finance

Title 42 › CHAPTER 152 — ENERGY INDEPENDENCE AND SECURITY › SUBCHAPTER III — ENERGY SAVINGS IN BUILDINGS AND INDUSTRY › Part E — General Provisions › § 17124

Last updated Sep 22, 2026|Official source

Summary

The Secretary of Energy must set up an Advisory Committee on Energy Efficiency Finance through the Assistant Secretary for Energy Efficiency and Renewable Energy. The committee will give advice on finance and investment ideas and help find practical ways to lower costs and increase investment in energy efficiency. The group must have a balanced membership with experts in 11 finance areas, such as seed and venture capital, private equity, investment banking, capital markets, research and trading, and commercial and residential lending. The committee ends 10 years after December 19, 2007, and Congress may provide whatever sums are necessary for the Secretary to carry out its work.

Full Legal Text

Title 42, §17124

The Public Health and Welfare, Source: USLM XML via OLRC

(a)Establishment
The Secretary, acting through the Assistant Secretary of Energy for Energy Efficiency and Renewable Energy, shall establish an Advisory Committee on Energy Efficiency Finance to provide advice and recommendations to the Department on energy efficiency finance and investment issues, options, ideas, and trends, and to assist the energy community in identifying practical ways of lowering costs and increasing investments in energy efficiency technologies.
(b)Membership
The advisory committee established under this section shall have a balanced membership that shall include members with expertise in— (1)
(2)availability of venture capital;
(3)availability of other sources of private equity;
(4)investment banking with respect to corporate finance;
(5)investment banking with respect to mergers and acquisitions;
(6)equity capital markets;
(7)debt capital markets;
(8)research analysis;
(9)sales and trading;
(10)commercial lending; and
(11)residential lending.
(c)Termination
The Advisory Committee on Energy Efficiency Finance shall terminate on the date that is 10 years after December 19, 2007.
(d)Authorization of appropriations
There are authorized to be appropriated such sums as are necessary to the Secretary for carrying out this section.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Section effective on the date that is 1 day after Dec. 19, 2007, see section 1601 of Pub. L. 110–140, set out as a note under section 1824 of Title 2, The Congress.

Reference

Citations & Metadata

Citation

42 U.S.C. § 17124

Title 42, The Public Health and Welfare

Last Updated

Sep 22, 2026

Release point: 119-110