(a) The council may award grants or loans to school systems, charter schools, or the achievement school district for qualifying capital outlay projects as provided in § 49-17-103 after reviewing and approving:

Terms Used In Tennessee Code 49-17-104

  • Council: means the twelve-member energy efficient schools council created by this chapter. See Tennessee Code 49-17-102
  • Energy audit: means any professional energy audit used to determine the energy efficiency of a structure that is performed by an energy auditor. See Tennessee Code 49-17-102
  • Equitable: Pertaining to civil suits in "equity" rather than in "law." In English legal history, the courts of "law" could order the payment of damages and could afford no other remedy. See damages. A separate court of "equity" could order someone to do something or to cease to do something. See, e.g., injunction. In American jurisprudence, the federal courts have both legal and equitable power, but the distinction is still an important one. For example, a trial by jury is normally available in "law" cases but not in "equity" cases. Source: U.S. Courts
  • Payback period: means the time within which the cost savings realized by incorporating energy efficient technologies equals the initial cost of the technology employed. See Tennessee Code 49-17-102
(1) An energy audit performed by a qualified professional that is either chosen by the council or approved by the council; or
(2) A cost-benefit analysis that shows that incorporating energy efficient technologies provides a reasonable payback period.
(b) The council has the authority to adopt a charter and bylaws and shall promulgate rules, regulations and policies the council deems necessary to further the purposes and duties of the energy efficient schools council as defined in § 49-17-103 and this section. Any rules and regulations proposed by the council shall be promulgated in accordance with the Uniform Administrative Procedures Act, compiled in title 4, chapter 5.
(c) It is the legislative intent that the council establish and operate its programs in a manner that makes funds available on an equitable basis for the benefit of LEAs of all sizes, characteristics, and geographical locations, charter schools, and the achievement school district.
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