California Financial Code

§ 32216

FIN § 32216Div. 15.5 · Ch. 1 · Art. 3

Statute text

“Savings-investment ratio” means an analysis of the proposed system in which energy cost savings are added to other net benefits and costs from operation, maintenance, replacements, depreciation, tax credits and financing costs, and divided by initial investment costs. All benefits and costs are to be evaluated in present or constant dollars.

Legislative history

Added by Stats. 1980, Ch. 819, Sec. 1.