Section 16a-37c-2 - Definitions(a)Eligible Facility: Any facility or building owned or leased by the state which is supported by appropriated funds. In the case of a leased facility or building, fuel or utility costs must be paid separate from the lease payment by the facility and the lease must extend beyond the installation of the energy conservation measures at least as long as the average simple payback period of all energy conservation measures for which savings will be shared.(b)Eligible Energy Conservation Measure: Any construction, alteration or improvement of the capital assets of an eligible facility for the purpose of reducing fuel and utility costs.(c)Energy Conservation Project: One or more energy conservation measures selected for implementation by an eligible facility, whose total cost must exceed ten thousand dollars ($10,000).(d)Simple Payback Period: A calculated period of time, within which the total cost of an energy conservation project will be recovered from the savings generated by the reduced fuel and utility operating costs resulting therefrom.(e)Useful Life: That period of time during which an energy conservation measure performs at eighty five per cent (85%) or greater of its designed efficiency. In no case shall the useful life extend beyond the estimated useful life as documented by manufacturer's data.(f)Energy Conservation Related Activities: Improvements, maintenance, or modifications to existing energy systems, including fenestration, roofing, or insulation, but exclusive of those activities which will result in multiple year obligations of state funds.Conn. Agencies Regs. § 16a-37c-2
Effective December 30, 1991