§ 32216
51 words·~1 min read·
/ca/financial-code/32216A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
“Savings-investment ratio” means an analysis of the proposed system in which energy cost savings are added to other net benefits and costs from operation, maintenance, replacements, depreciation, tax credits and financing costs, and divided by initial investment costs. All benefits and costs are to be evaluated in present or constant dollars.