P.R. Laws tit. 3, § 8976
Government units that have executed energy savings performance contracts shall retain the net savings generated as a consequence of such contracts. Net savings shall be the amount remaining after deducting any amount corresponding to the payment of the qualified energy savings company under the energy savings performance contract and the amount that shall be payable to the Puerto Rico Electric Power Authority and the Energy Affairs Administration, to be determined by regulation.
Energy savings performance contracts shall provide that a qualified energy savings company shall be under the obligation to provide a government unit with an annual reconciliation of savings in energy consumption expenses. If the reconciliation should reveal that the annual savings in energy costs do not reach the amount agreed under the energy savings performance contract, the qualified energy savings company shall respond for the difference in such amount, as provided in the contract.
The Puerto Rico Electric Power Authority is hereby directed to forward a copy of electric power consumption bills, as requested by the director, secretary, president, commissioner, advocate or head of agency of any government unit that executes an energy savings performance contract under this chapter. The government unit shall also be entitled to install an electric meter in the main line parallel to the meter installed by the Electric Power Authority.
History —Jan. 17, 2012, No. 19, § 2.15.