Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.
Summary
Bill A06318 proposes to amend the education law in New York State to extend the time period for which school districts can guarantee recovery of costs associated with energy performance contracts from eighteen years to twenty-five years. This extension aims to provide school districts with a longer timeframe to recoup their investments in energy efficiency improvements through the savings generated by these contracts. The bill is designed to encourage more schools to engage in energy performance contracting, thereby promoting sustainability and cost savings in the education sector.
Impact
If enacted, this bill will modify the existing provisions of the education law regarding energy performance contracts, effectively allowing school districts to have a longer duration to recover their costs from energy savings. This change could lead to increased participation in energy efficiency programs by schools, potentially resulting in lower energy costs and improved environmental outcomes. The amendment may also influence how energy performance contractors structure their agreements with school districts, as the longer recovery period could make such contracts more attractive.
Sentiment
The general sentiment surrounding Bill A06318 appears to be positive, as it is seen as a proactive measure to support energy efficiency in schools. Stakeholders in the education and environmental sectors have expressed support for the bill, recognizing the potential benefits of extended energy savings. However, there has been limited discussion recorded in committee transcripts, indicating that while there is support, the bill has not yet faced significant opposition or controversy.
Contention
Currently, there are no notable points of contention regarding Bill A06318, as it has not yet been debated extensively in committee or subjected to voting. The lack of recorded opposition suggests that stakeholders may largely agree on the benefits of extending the recovery period for energy performance contracts. However, as the bill progresses, potential concerns may arise regarding the financial implications for school districts or the effectiveness of energy performance contracts in achieving projected savings.
Same As
Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.
Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.
Extends the time period from eighteen years to twenty-five years that a school shall be guaranteed recovery of energy performance contract costs from energy savings incurred by school districts over that time period.
Extends the presumptive eligibility period, from twenty-five to thirty-five years, for certain retirement benefits for injuries or illnesses related to World Trade Center rescue, recovery and clean-up operations.
Extends the presumptive eligibility period, from twenty-five to thirty-five years, for certain retirement benefits for injuries or illnesses related to World Trade Center rescue, recovery and clean-up operations.