§ 36-1-12.5-11 — Contracts that include stipulated savings

Indiana § 36-1-12.5-11

• Jurisdiction: Indiana
• Title 36: LOCAL GOVERNMENT
• Art. 1: GENERAL PROVISIONS
• Ch. 12.5: Guaranteed Savings Contracts; Energy Efficiency

Text

(a) A guaranteed savings contract that
includes stipulated savings must specify the methodology used to
calculate the savings using industry engineering standards.
(b) Stipulated savings may be used for conservation measures
including the following:
(1) Heating.
(2) Air conditioning.
(3) Ventilating.
(4) Lighting.
(5) Roofing.
(6) Windows.
(7) Water conservation.
(8) Fuel and power improvements.
(9) Wastewater generation.
(10) Billable revenue increases.
(11) Any work that is causally connected to the conservation
measures listed in subdivisions (1) through (10).
(c) The guaranteed savings contract shall:
(1) describe stipulated savings for:
(A) conservation measures; and
(B) work causally connected to the conservation measures; and
(2) document assumptions by industry engineering standards.

Legislative History

As added by P.L.98-2002, SEC.8. Amended by P.L.168-2006, SEC.19.