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Utility Cost-saving Contract For Local Governments

Concerning the authority of a board of any political subdivision to enter into contracts for utility cost savings.
2017 Regular Session
Local Government
Bill Summary

Current law allows boards of political subdivisions to enter into energy cost-savings contracts for utility cost savings. Utility cost savings are defined in law to include an installation, modification, or service that is designed to reduce energy consumption and related operating costs in buildings and other facilities.

The bill specifies that the boards may also enter into energy cost-savings contracts for increasing meter accuracy, which is defined as a utility cost-savings measure.

The bill also changes the definition of 'operation and maintenance cost savings' to clarify that the calculation must be made on a net basis.

(Note: This summary applies to the reengrossed version of this bill as introduced in the second house.)


Became Law


Bill Text

  • All Versions (7 )
    Date Bill Type Documents
    06/05/2017 Signed Act PDF
    05/11/2017 Final Act PDF
    04/28/2017 Rerevised PDF
    04/27/2017 Revised PDF
    03/31/2017 Reengrossed PDF
    03/28/2017 Engrossed PDF
    03/16/2017 Introduced PDF

The effective date for bills enacted without a safety clause is August 7, 2024, if the General Assembly adjourns sine die on May 8, 2024, unless otherwise specified. Details