Sec. 3042. Utility energy service contracts
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/bill/114/s/2089/pcs/section-3042A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Part 3 of title V of the National Energy Conservation Policy Act (as amended by section 2151) is amended by adding after section 554 the following: Each Federal agency may use, to the maximum extent practicable, measures provided by law to meet energy efficiency and conservation mandates and laws, including through utility energy service contracts. The term of a utility energy service contract entered into by a Federal agency may have a contract period that extends beyond 10 years, but not to exceed 25 years.
The conditions of a utility energy service contract entered into by a Federal agency shall include requirements for measurement, verification, and performance assurances or guarantees of the savings. .