Section 27-161 Public purpose.
Prior to the adoption of Ord. 20582 on 03/15/2010, Section 27-161 read as follows.
The public purpose of the energy conservation loans and rebate programs is hereby defined to
be the reduction of energy consumption and electric peak demand in the city, thereby reducing
the growth of energy use and demand in the city, providing for more efficient
prolonging the useful life of capital assets of the electric utility,
reducing the overall cost
electricity to consumers of the utility by reducing the peak demand of the city and thereby
reducing the calculated charges upon such peaks,
reducing the amount of future market energy
purchases or long-term contracted purchases,
and providing for the protection of the environment
and conservation of natural resources.
(Code 1964, § 15.920; Ord. No. 13794 § 1, 9-7-93; Ord. No. 20065, §