11-34.1 - Legislative intent. - Virginia Statutes

§ 11-34.1. Legislative intent.

The General Assembly finds that investment in energy conservation measuresand facility technology infrastructure upgrades and modernization infacilities owned by state and local government can reduce the amount ofenergy consumed, reduce long term operational costs and produce immediate andlong-term savings. It is the policy of the Commonwealth to encourage publicbodies to invest in energy conservation measures and facility technologyinfrastructure upgrades that reduce energy consumption, produce a costsavings, and improve the quality of indoor air in facilities, and wheneconomically feasible, operate, maintain, or renovate facilities in such amanner so as to minimize energy consumption and reduce operational costsassociated with facility technology infrastructure. Furthermore, state aidand other amounts appropriated for distribution to public bodies shall not bereduced as a result of energy and operational savings realized from aguaranteed savings contract or a lease purchase agreement for the purchaseand installation of energy conservation and facility technologyinfrastructure upgrades and modernization.

(2001, c. 219.)