§31-18A-2. Legislative findings; declaration of policy and
responsibility; purpose and intent of article.
It is hereby determined and declared as a matter of
legislative finding: (a) That an energy shortage exists within the
state of West Virginia; (b) that the energy shortage is severe in
certain areas of the state and may become severe, from time to
time, in other areas of the state; (c) that the cost to the
consumer for energy usage continues to increase at an accelerated
rate; (d) that the energy shortage has produced widespread
unemployment, threatening the economic stability of this state; and
(e) that these conditions are inimical to the health, welfare and
prosperity of all residents of the state and to the sound growth of
It is hereby declared to be the public policy and a
responsibility of this state to assist its residents in improving
the energy efficiency of their residential dwellings. It is the
purpose and intent of the Legislature in enacting this article to
provide low interest loans to residents of this state of low and
moderate income, who own and occupy single family residential
dwellings, as an incentive for the improvement of the energy
efficiency of such dwellings.
The Legislature finds that the public policy and
responsibility of the state as set forth in this section cannot be
effectively attained without the funding, establishment, operation
and maintenance of the energy conservation revolving loan fund.