South Carolina Statutes
§ 48-52-630 — Energy conservation savings; division; reinvestment.
An agency's budget must not be reduced by the full amount of money saved through energy conservation measures. Appropriate financial incentives to encourage the reinvestment of energy costs savings into additional energy conservation areas must be provided. Energy savings must be divided among the agency, the general fund, and debt retirement of capital expenditures on energy efficiency. Agencies must be encouraged to reinvest their savings into energy conservation areas, where practical.
Free access — add to your briefcase to read the full text and ask questions with AI
South Carolina § 48-52-630 (Energy conservation savings; division; reinvestment.) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
HISTORY: 1992 Act No. 449, Part II, SECTION 1.
Nearby Sections
15
§ 48-52-10
Short title.§ 48-52-210
Policy and purpose.§ 48-52-220
"Renewable energy resources" defined.§ 48-52-410
State Energy Office established; purpose.§ 48-52-420
Duties of State Energy Office.§ 48-52-430
Annual state energy action plan.§ 48-52-435
Prior approval required for studies of alternative energy usage or conservation measures.§ 48-52-470
Funding for State Energy Office.