Extends the time period for recovery of energy performance contract costs incurred by school districts

Summary

The bill amends the education law so that school districts can recover the costs of an energy performance contract over a period of up to twenty‑five years, rather than the previous limit. It applies to any energy‑performance contractor working with a district and is intended to give districts more time to capture savings. By lengthening the recovery window, the measure aims to make such contracts more financially feasible for schools.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

Topics

Share