Staff Analysis of the Legislation
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SUMMARY: LC 49 0483S (SCS)
School districts may enter into guaranteed energy savings performance contracts, may implement the energy cost savings measure in one or more phases with the selected qualified energy services provider, and may make payments on the contract with SPLOST funds.
The definition for an energy cost savings measure is expanded to include a training program incidental to the contract, or an equipment purchase to be used in building a retrofit, addition, or renovation or in new construction which reduces water consumption or wastewater production, including any measure not defined in the code but is designed to reduce energy or water consumption, reduce wastewater production, avoid capital costs, or achieve similar efficiency gains by the district.
EFFECTIVE DATE: July 1, 2021 |