Extends the time period for recovery of energy performance contract costs incurred by school districts
SIGNED CHAP.310
Summary
The bill amends the Education Law so that an energy‑performance contractor can recover its costs from a school district’s energy savings for a term not longer than 25 years. It applies to school districts that enter into such contracts and the contractors that provide them. The change aims to give districts more flexibility in financing energy‑saving projects.
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