Current through the 2023 Regular Session
Section 90-4-1110 - Duties and authority of department(1) The department shall establish an energy performance contract program for governmental entities. The department shall: (a) solicit, evaluate, and maintain a list of qualified energy service providers;(b) develop a process to disqualify and remove from the list energy service providers who do not comply with qualifications established;(c) enter into agreements with qualified energy service providers to provide services in accordance with this part;(d) establish reporting requirements for qualified energy service providers;(e) develop a model energy performance contract process and documents; and(f) assist governmental entities interested in pursuing energy performance contracts by providing technical assistance and educational programs and by maintaining a website.(2) The department may develop recommended best practices for: (a) evaluating energy performance proposals and awarding energy performance contracts;(b) measuring and verifying guaranteed cost savings and cost-effectiveness;(c) identifying a variety of options to determine the amount of project costs to be covered by guaranteed cost savings;(d) calculating guaranteed cost savings;(e) measuring energy cost savings and verification;(f) determining the cost-effectiveness of the energy performance contract when using an unguaranteed utility unit price escalation rate; and(g) determining an unguaranteed utility unit price escalation rate.(3) The department may adopt rules for the implementation of this part.Amended by Laws 2019, Ch. 311,Sec. 2, eff. 5/7/2019.Added by Laws 2015, Ch. 344, Sec. 1, eff. 10/1/2015.