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.

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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.