Sec. 16a-37c. Shared energy savings program. Regulations. - Connecticut Statutes

      Sec. 16a-37c. Shared energy savings program. Regulations. (a) The Secretary of the Office of Policy and Management shall establish a program to provide incentives to agencies that achieve savings through energy conservation. The program shall allow any state agency to request from the Office of Policy and Management a statement of the agency's energy cost savings achieved through conservation measures during the preceding fiscal year. The Office of Policy and Management, in consultation with the Department of Public Utility Control, shall provide any agency with the requested statement. Based upon said statement the secretary shall allow a portion of the energy savings accumulated during any fiscal year to be retained by the agency and used for future energy costs or energy conservation related activities. Said portion shall not be less than fifty per cent of the energy savings and shall accrue to the agency annually for a period equal to the useful life of the conservation measures.

      (b) The Secretary of the Office of Policy and Management, in consultation with the Department of Public Utility Control, shall adopt regulations, in accordance with chapter 54, to carry out the purposes of this section.

      (P.A. 90-130, S. 1, 2.)