Sec. 2. Findings
109 words·~1 min read·
/bill/113/hr/2689/rh/section-2A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Congress finds the following: Private sector funding and expertise can help address the energy efficiency challenges facing the United States. The Federal Government spends more than $6 billion annually in energy costs. Reducing Federal energy costs can help save money, create jobs, and reduce waste. Energy savings performance contracts and utility energy service contracts are tools for utilizing private sector investment to upgrade Federal facilities without any up-front cost to the taxpayer.
Performance contracting is a way to retrofit Federal buildings using private sector investment in the absence of appropriated dollars. Retrofits that reduce energy use also improve infrastructure, protect national security, and cut facility operations and maintenance costs.