32900
FINANCIAL CODE
SECTION 32900
32900. (a) Energy costs account for a growing and substantial portion of the operating costs of small businesses in California. (b) Expenditures on energy by small businesses reduce profit margins and increase operational difficulties. (c) Substantial reductions in small business energy costs can be realized through the installation of energy conservation, management, and other efficiency improvements. (d) Small business typically do not have access to financing at rates and terms which make energy efficiency investments cost effective and feasible. (e) Providing financing assistance to small businesses to promote energy efficiency investments is consistent with the guidelines for using federal petroleum violation escrow account funds which provide compensation to energy users who were overcharged by oil companies that violated federal oil price control regulations.