Amends the mechanical insulation energy savings program to clarify definitions and processes.

The bill amends the mechanical insulation energy savings program by clarifying definitions and processes. It defines "qualified audit" as an audit by a qualified contractor identifying missing, damaged, or improperly installed mechanical insulation, including cost estimates and energy savings. It also defines "qualified mechanical insulation expenditures" as the purchase of insulation materials for thermal requirements. The authority is directed to establish guidelines for the evaluation criteria and competitive application process for the program.

Amends the mechanical insulation energy savings program to clarify definitions and processes.

The bill amends the mechanical insulation energy savings program by clarifying definitions and processes. It defines "qualified audit" as an audit by a qualified contractor identifying missing, damaged, or improperly installed mechanical insulation, including cost estimates and energy savings. It also defines "qualified mechanical insulation expenditures" as the purchase of insulation materials for thermal requirements. The authority is directed to establish guidelines for the evaluation criteria and competitive application process for the program.