Arkansas § 14-164-807 - Guaranteed energy cost savings contract requirements.
Full text of Arkansas Arkansas Code of 1987 Annotated § 14-164-807 — Guaranteed energy cost savings contract requirements., with citation guidance and answers to common questions.
§ 14-164-807. Guaranteed energy cost savings contract requirements.
The following provisions are required in a guaranteed energy cost savings contract: A statement that the municipality or county shall maintain and operate the energy efficiency project as defined in the guaranteed energy cost savings contract; and A guarantee by the qualified provider that: The energy cost savings and operating cost savings to be realized over the term of the guaranteed energy cost savings contract meet or exceed the costs of the energy efficiency project; and If the annual energy or operating cost savings fail to meet or exceed the annual costs of the energy efficiency project as required by the guaranteed energy cost savings contract, the qualified provider shall reimburse the municipality or county for any shortfall of guaranteed energy cost savings over the term of the guaranteed energy cost savings contract. The maximum term for a guaranteed energy cost savings contract is twenty (20) years after the implementation of the energy efficiency project. Before entering into a guaranteed energy cost savings contract, the municipality or county shall require the qualified provider to file with the municipality or county a payment and performance bond or similar assurance. History Acts 2015, No. 1275, § 1.
Source: official Arkansas text · Last verified 2026-08-27
Frequently Asked Questions About Arkansas § 14-164-807
What does Arkansas Code of 1987 Annotated § 14-164-807 cover?
Section 14-164-807 ("Guaranteed energy cost savings contract requirements.") is part of the Arkansas Code of 1987 Annotated, the codified statutory law of Arkansas. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Arkansas § 14-164-807?
A common citation format is "Arkansas Code of 1987 Annotated § 14-164-807" (Arkansas). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Arkansas law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Arkansas official source linked on this page or consult a licensed Arkansas attorney.
How does Arkansas § 14-164-807 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Arkansas can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Arkansas.