Sec. 2. As used in this chapter, “energy cost savings contract” means a contract between:

(1) the state or the commission; and

Terms Used In Indiana Code 4-13.6-8-2

  • commission: means the Indiana finance authority established by Indiana Code 4-13.6-8-1
  • Contract: A legal written agreement that becomes binding when signed.
  • qualified energy savings project: means a facility alteration designed to reduce energy consumption costs or other operating costs. See Indiana Code 4-13.6-8-3
  • qualified provider: means a person experienced in the design, implementation, and installation of energy and operational cost savings systems. See Indiana Code 4-13.6-8-4
(2) a qualified provider;

for the implementation of at least one (1) qualified energy savings project and related measures for a governmental body.

As added by P.L.58-1999, SEC.9 and P.L.172-1999, SEC.8.