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DE SB189
Bill
AI Summary
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Removes requirement that contracting agencies cannot pay qualified energy providers more than the savings accrued during a defined contract period.
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Clarifies that obligations under energy performance contracts, installment payment agreements, and other agreements involving the Sustainable Energy Utility (SEU) do not constitute state debt or tax-supported obligations.
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Expands the definition of "Agency" under the Delaware Energy Act to include state agencies, political subdivisions, local governments, school districts, institutions of higher education, and joint action agencies.
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Allows the State or Agencies to enter into contracts with the SEU or qualified providers for energy efficiency projects without additional competitive procurement if the SEU procured the implementation contract competitively.
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Declares that obligations under energy performance contracts do not create bonds or notes of the State as defined in Chapter 74 of Title 29, thereby protecting the State's full faith and credit.
Legislative Description
An Act To Amend Chapters 69 And 80 Title 29 Of The Delaware Code Relating To The Energy Performance Contracting Act And The Delaware Energy Act, Respectively.
Last Action
Signed by Governor
2/1/2010