SECTION 260:65-15-4. Request for energy services

(a)   Any agency which believes that it could benefit from participation from an energy service contract should contact the Department. The Department shall meet with representatives of the Agency to determine if an energy service contract would be beneficial.

(b)   Criteria used to determine possible benefit of an energy service contract may include but not be limited to the following:

(1)   Urgency of equipment replacement (i.e., the time frame until the equipment fails and is no longer repairable).

(2)   Repair vs. replacement utility (i.e., the amount necessary to carry-on necessary repairs as opposed to the cost of replacing of the equipment).

(3)   Prioritization of available capital (i.e., of the available capital in an agency, the demands of that capital relative to the need of the equipment).

(4)   Projected use and life expectancy of the equipment or its replacement.

(5)   Results of an energy audit of the facility in question which indicates potential energy savings.

(c)   When practical, new equipment should be purchased outright as opposed to an energy service contract.

[Source: Added at 31 Ok Reg 1423, eff 9-12-14]