Extends the recovery period for energy performance contract costs from 18 to 25 years for school districts.
This bill amends the education law to extend the period that a school can recover energy performance contract costs from energy savings. The recovery period is extended from 18 years to 25 years. This change applies to energy savings realized by school districts during the term of the energy performance contract.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.