90-4-615. Energy conservation repayment account. (1) There is an energy conservation repayment account in the state special revenue fund established in 17-2-102.
(2) There must be deposited in the energy conservation repayment account:
(a) the amount of energy costs saved as a result of energy conservation projects in state buildings, facilities, or structures using appropriations from the energy conservation capital projects account or the general fund for the energy conservation program;
(b) interest earned on the account;
(c) interest earned on the energy conservation capital projects account created in 90-4-617; and
(d) funds transferred to the account by the legislature.
(3) Money in the energy conservation repayment account is available to the department of environmental quality by appropriation to fund the costs of the energy conservation program for:
(a) conducting energy analysis;
(b) data collection and analysis;
(c) program administration and oversight; and
(d) monitoring the results of state building energy conservation projects.
(4) If the unencumbered funds in the account at the end of a biennium exceed $2 million, the department shall transfer to the energy conservation capital projects account the amount of funds in excess of $2 million.
History: En. Sec. 22, Ch. 3, Sp. L. May 2007; amd. Sec. 16, Ch. 478, L. 2009.
Structure Montana Code Annotated
Title 90. Planning, Research, and Development
Chapter 4. Energy Development and Conservation
Part 6. State Building Energy Conservation Program
90-4-603. and 90-4-604 reserved
90-4-605. Preparation of energy conservation program
90-4-606. Program report and recommendations
90-4-607. Duties of department
90-4-608. through 90-4-610 reserved
90-4-611. Authority to issue energy conservation program bonds
90-4-612. Form -- principal and interest -- fiscal agent -- deposit of proceeds
90-4-613. Use of energy conservation program account
90-4-614. Appropriation of energy cost savings
90-4-615. Energy conservation repayment account
90-4-616. Transfer of energy savings from projects
90-4-617. Energy conservation capital projects account
90-4-618. Reappropriation of energy conservation projects