Vermont § 443 - Energy conservation facilities The City is hereby authorized and empowered to provide or finance energy conservation facilities within the customer service area of its electric plant

§ 443. Energy conservation facilities The City is hereby authorized and empowered to provide or finance energy conservation facilities within the customer service area of its electric plant

• . The term “energy
  conservation facilities” includes facilities or improvements to facilities (whether
  owned by the City or by others) for load management or the conservation of electric
  or other energy. Such facilities or improvements may be owned or operated by the City
  as part of its electric plant or may be owned or operated by others, and may be leased
  or licensed by the City to others or may be financed by loans by the City to others.
  Such facilities or improvements may be treated as part of the electric plant and financed
  under this article or other enabling law. Loans to others for the purposes of this
  section may also be financed under this article in the same manner as improvements
  to the electric plant and receipts from such loans may be pledged under this article
  as revenues. A lending program initiated under the authority of this section shall
  be managed in accordance with the provisions of section 228 of this charter relating
  to the electric plant.