Common use of Cost Effective Clause in Contracts

Cost Effective. The savings resulting from the energy-savings measures outweigh the costs of the measures, including, but not limited to, any financing costs, provided the payback period for any financing provided pursuant to 2011 Conn. Pub. Acts 80, Section 23 (“Public Act 11-80”) is less than the functional life of the proposed energy-savings measures and the payback period does not exceed fifteen years.

Appears in 7 contracts

Samples: Financing Agreement and Payment, Financing Agreement and Payment, Financing Agreement and Payment

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