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Performance‑contracting firm asks Senate Finance to clarify law so school additions can be included
Summary
Energy Efficient Investments asked the committee to clarify performance‑contracting statutes to allow building additions in energy projects; presenter outlined case studies showing projects where grant and rebate layering reduced net cost and matched annual savings to lease payments.
A representative of Energy Efficient Investments told the Senate Finance Committee that current performance‑contracting law is ambiguous about whether building additions may be part of guaranteed energy‑savings contracts and asked for clarifying language.
Eric Lafayette described how performance contracting works: firms audit facilities, propose energy conservation measures, secure grants and rebates, design projects, manage construction and bidding, and provide multi‑year…
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