(20 ILCS 3953/10) (from Ch. 96 1/2, par. 9810)
Sec. 10. Definitions. "Energy conservation project" and "project
designed to reduce energy consumption and costs" mean any improvement,
repair, alteration or betterment of any building or facility or any
equipment, fixture or furnishing to be added to or used in any building or
facility that the Director of Commerce and Economic Opportunity has determined
will be a cost effective energy related project
that will lower energy or utility costs in connection with the operation or
maintenance of such building or facility, and will achieve energy cost
savings sufficient to cover bond debt service and other project costs
within 7 years from the date of project installation.
(Source: P.A. 94-793, eff. 5-19-06.)
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