Indiana Code 4-13.5-1.5-11. Powers of commission
Current as of: 2023 | Check for updates
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Sec. 11. If the commission approves a project under this chapter, the commission may do the following:
(2) Enter into an energy cost savings contract with the qualified provider.
(1) Negotiate the terms of an energy cost savings contract with the qualified provider.
Terms Used In Indiana Code 4-13.5-1.5-11
- Contract: A legal written agreement that becomes binding when signed.
- energy cost savings contract: has the meaning set forth in Indiana Code 4-13.5-1.5-10.5
- qualified provider: has the meaning set forth in Indiana Code 4-13.5-1.5-10.8
(3) Finance the contract in the same manner that the commission finances other facilities under this article, including entering into a use and occupancy agreement with the department.
As added by P.L.23-1997, SEC.1.