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1 State Facility Energy Cost Reduction; Definitions; Energy Cost Saving Measure. Amend RSA 21-I:19-b, I to read as follows:
I. "Energy cost saving measure'' means any construction, improvement, repair, alteration, or betterment of any building or facility or any equipment, fixture, or furnishing to be added to or used in any building or facility that will be a cost effective energy-related project. This shall include any project that will lower energy or utility costs in connection with the operation or maintenance of such building or facility and will achieve energy cost savings or utility cost savings sufficient to recover any project costs or incurred debt service within 20 years from the date of project implementation.
2 Department of Administrative Services; Energy Performance Contracts; Utility Cost Savings. Amend RSA 21-I:19-d, II(f) to read as follows:
(f) Any energy performance contract should require the contractor to include all energy efficiency improvement in selected buildings that are calculated to recover all costs within 20 years from the date of project implementation at existing energy prices. The contract shall require that the public utility or energy services provider be repaid only to the extent of energy cost savings or utility cost savings guaranteed by the contractor to accrue over the term of the contract.
3 Effective Date. This act shall take effect 60 days after its passage.
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1 State Facility Energy Cost Reduction; Definitions; Energy Cost Saving Measure. Amend RSA 21-I:19-b, I to read as follows:
I. "Energy cost saving measure'' means any construction, improvement, repair, alteration, or betterment of any building or facility or any equipment, fixture, or furnishing to be added to or used in any building or facility that will be a cost effective energy-related project. This shall include any project that will lower energy or utility costs in connection with the operation or maintenance of such building or facility and will achieve energy cost savings or utility cost savings sufficient to recover any project costs or incurred debt service within 20 years from the date of project implementation.
2 Department of Administrative Services; Energy Performance Contracts; Utility Cost Savings. Amend RSA 21-I:19-d, II(f) to read as follows:
(f) Any energy performance contract should require the contractor to include all energy efficiency improvement in selected buildings that are calculated to recover all costs within 20 years from the date of project implementation at existing energy prices. The contract shall require that the public utility or energy services provider be repaid only to the extent of energy cost savings or utility cost savings guaranteed by the contractor to accrue over the term of the contract.
3 Effective Date. This act shall take effect 60 days after its passage.