Sec. 6. (a) Before the public utility or the qualified provider may install equipment in, make modifications to, or remodel a building or complex of buildings under a utility efficiency program or a guaranteed savings contract, the public utility or the qualified provider (whichever applies) must issue a report that includes estimates for the following:

(1) All costs attributable to the work stipulated in the agreement or the contract, including the costs of design, engineering, installation, maintenance, repairs, or debt service.

Terms Used In Indiana Code 36-1-12.5-6

  • Contract: A legal written agreement that becomes binding when signed.
  • qualified provider: means the following:

    Indiana Code 36-1-12.5-3

  • revenues: include only revenues of a municipal water or wastewater utility operated by a political subdivision. See Indiana Code 36-1-12.5-0.6
  • utility efficiency program: refers to an energy, a water, or a wastewater efficiency program that:

    Indiana Code 36-1-12.5-4

(2) The amounts by which:

(A) energy or water consumption;

(B) wastewater costs; or

(C) operating costs;

will be reduced.

(3) The amounts by which billable revenues will be increased.

     (b) The report must also contain a listing of contractors and subcontractors to be used by the public utility or the qualified provider with respect to the conservation measures.

As added by P.L.24-1993, SEC.6. Amended by P.L.168-2006, SEC.14.