Indiana Statutes

§ 21-33-4-5 — Cost savings contracts

Indiana § 21-33-4-5
JurisdictionIndiana
Title 21HIGHER EDUCATION
Art. 33STATE EDUCATIONAL INSTITUTIONS:
Ch. 4Qualified Energy Savings Projects

This text of Indiana § 21-33-4-5 (Cost savings contracts) is published on Counsel Stack Legal Research, covering Indiana primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ind. Code § 21-33-4-5 (2026).

Text

After reviewing proposals submitted under this chapter, a state educational institution may enter into energy cost savings contracts with a qualified provider if the state educational institution reasonably expects that the cost of a qualified energy savings project recommended in the proposal would not exceed the amount to be saved in either energy or operational costs, or both, within the ten (10) year period following the date installation is complete if the recommendations in the proposal are followed. An energy cost savings contract may also include a guaranty from the qualified provider to the state educational institution that either the energy or operational cost savings, or both, will meet or exceed the cost of the energy cost savings projects not later than ten (10) years after t

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Legislative History

As added by P.L.2-2007, SEC.274.

Nearby Sections

15
§ 21-12-1-1
Definitions
§ 21-12-1-11
"Fund"
§ 21-12-1-12
Repealed
§ 21-12-1-13
"Program"
§ 21-12-1-14
"Scholarship"
§ 21-12-1-2
"Academic term"
§ 21-12-1-3
"Academic year"
§ 21-12-1-4
"Active duty"
§ 21-12-1-4.5
"Adult student grant"
§ 21-12-1-6
"Commission"
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Bluebook (online)
Indiana § 21-33-4-5, Counsel Stack Legal Research, https://law.counselstack.com/statute/in/21-33-4-5.