Illinois Compiled Statutes

110 ILCS 62/35 (2026)

Operational and energy cost savings

✓ current as of May 2026
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(110 ILCS 62/35)
    Sec. 35. Operational and energy cost savings. The public university shall document the operational and energy cost savings specified in the guaranteed energy savings contract and designate and reserve that amount for an annual payment of the contract. If the annual energy savings are less than projected under the guaranteed energy savings contract the qualified provider shall pay the difference as provided in Section 20.
(Source: P.A. 90-486, eff. 8-17-97.)

    
Notes of Decisions
Cited in 1 case, 2008–2008 · leading case: People Ex Rel. Bd. of Trs. of Chicago State Univ. v. Siemens Bldg. Tech., Inc., 900 N.E.2d 414 (Ill. App. Ct. 2008).
People Ex Rel. Bd. of Trs. of Chicago State Univ. v. Siemens Bldg. Tech., Inc., 900 N.E.2d 414 (Ill. App. Ct. 2008). “” 110 ILCS 62/35 (West 1998). By its express language, the legislature intended that we construe sections 20 and 35 together.”
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