AN ACT CONCERNING PILOT PROGRAMS AND GRANT FUNDING FOR THERMAL ENERGY NETWORKS.

HB 5533 requires every gas utility company in the state to create a pilot program for developing thermal energy networks, which are systems that distribute heat to buildings. It also establishes a state grant program to provide funding for the development of these networks. The bill directly affects gas utility companies (through mandatory pilot programs) and communities or projects seeking to build thermal energy networks (through grant access). Key provisions mandate utility-led pilot initiatives and create a state-administered grant mechanism, focusing on advancing thermal energy infrastructure without specifying environmental outcomes.