{"data":{"id":"us-ky/krs-56.780","jurisdiction":"us-ky","citation":"KRS 56.780","heading":"Evaluation for cost -effective energy use and energy efficiency of buildings","body":"prior to lease or purchase -- Structure of leases.\n(1) Any building which the Finance and Administration Cabinet considers for leasing\nor purchase shall be evaluated for cost -effective energy use and energy efficiency.\nThis evaluation shall be considered in choosing between competing leases or\nbuilding purchases. The cabinet shall consider the energy costs of operating a\nbuilding to ensure the selection of a cost -effective lease , and the cabinet shall\ncompare life-cycle energy cost analyses for competing leases.\n(2) A lease may be structured so that both the lessor and the state agency as lessee may\nshare energy cost savings that can be accomplished by energy -efficient lease\narrangements. The lease may incorporate financial incentives to make energy\nefficiency improvements that are cost effective in reducing the operating cost of the\nbuilding. The lease may provide for the state agency to make lease payments which\nmay be used to help fund the costs of energy conservation measures in the building,\nif the costs are amortized and returned to the state agency over a period of years not\nto exceed the useful life of the energy conservation measures. Thereafter, the state\nagency shall be entitled to a reduction in the lease amount based on any continued\nsavings resulting from the energy conservation measures. The amount of reduction\nshall be negotiated between the lessor and the state agency.","path":["KRS Chapter 56"],"source_url":"https://apps.legislature.ky.gov/law/statutes/statute.aspx?id=43277","current_through":"Includes enactments through the 2026 Regular Session","vintage":"09/05/2026","retrieved_at":"2026-09-05T20:49:11Z","sha256":"eae29d351637ee7f49fa8e61e510ea2ed7c6d7a507e6d9438dcbf37c60d0c477","source_id":"us-ky","stale":false,"prev":"us-ky/krs-56.778","next":"us-ky/krs-56.782"},"notice":"GroundRules: Original legal text. Not legal advice."}