P.R. Laws tit. 3, § 8964
Government units shall implement energy conservation, energy efficiency, and profitable energy measures in order to seek greater efficiency in the operation of their facilities by reducing energy and water consumption and minimizing their environmental impact, pursuant to Executive Order 2009-004.
A government unit may execute an energy savings performance contract with a qualified energy savings company when it is determined that:
(1) The investment to be made in the implementation of energy conservation, efficiency, and renewable energy measures shall not exceed the accrued sum total of savings in operating, maintenance, and public utility expenses for a period of fifteen (15) years as of the date on which the energy savings performance contracts shall take effect.
(2) The qualified energy savings company shall provide a written warranty that the savings in public utility consumption, operating, and maintenance expenses shall surpass the cost of the conservation measures to be implemented.
(3) The energy and water conservation measures under the contract shall be implemented in an existing building at the time of executing the contract.
History —Jan. 17, 2012, No. 19, § 2.3.