Sec. 6. (a) Before the public utility or the qualified provider may install equipment in, make modifications to, or remodel a building or complex of buildings under a utility efficiency program or a guaranteed savings contract, the public utility or the qualified provider (whichever applies) must issue a report that includes estimates for the following:
(1) All costs attributable to the work stipulated in the agreement or the contract, including the costs of design, engineering, installation, maintenance, repairs, or debt service.
(2) The amounts by which:
(A) energy or water consumption;
(B) wastewater costs; or
(C) operating costs;
will be reduced.
(3) The amounts by which billable revenues will be increased.
(b) The report must also contain a listing of contractors and subcontractors to be used by the public utility or the qualified provider with respect to the conservation measures.
As added by P.L.24-1993, SEC.6. Amended by P.L.168-2006, SEC.14.
Structure Indiana Code
Chapter 12.5. Guaranteed Savings Contracts; Energy Efficiency Programs Used by School Corporations
36-1-12.5-0.5. "Actual Savings" Defined
36-1-12.5-0.6. "Billable Revenues" Defined; "Billable Revenue Increases" Defined; "Revenues" Defined
36-1-12.5-0.7. "Causally Connected Work" Defined
36-1-12.5-1. "Conservation Measure" Defined
36-1-12.5-1.5. "Governing Body" Defined
36-1-12.5-2. "Guaranteed Savings Contract" Defined
36-1-12.5-2.5. "Industry Engineering Standards" Defined
36-1-12.5-3. "Qualified Provider" Defined
36-1-12.5-3.5. "Related Capital Expenditures" Defined
36-1-12.5-3.7. "Stipulated Savings" Defined
36-1-12.5-4. "Utility Efficiency Program" Defined
36-1-12.5-5.3. Certification of Subcontractor Required
36-1-12.5-5.5. Procedures for Issuance of Bonds by Political Subdivisions Not Applicable
36-1-12.5-6. Report Before Installation or Remodeling
36-1-12.5-7. Installment Payment Contracts; Maximum Period
36-1-12.5-8. Approval Required
36-1-12.5-9. Payroll Records Required; Inspection
36-1-12.5-10. Submission of Contract and Annual Report to Department of Local Government Finance
36-1-12.5-11. Contracts That Include Stipulated Savings
36-1-12.5-12. Improvements Not Causally Connected to Conservation Measure