text: SECTION 1. SHORT TITLE.
  
      This Act may be cited as the ``Energy Savings Through Public-
  Private Partnerships Act of 2014''.
  
  SEC. 2. FINDINGS.
  
      Congress finds the following:
              (1) Private sector funding and expertise can help address 
          the energy efficiency challenges facing the United States.
              (2) The Federal Government spends more than $6 billion 
          annually in energy costs.
              (3) Reducing Federal energy costs can help save money, 
          create jobs, and reduce waste.
              (4) Energy savings performance contracts and utility energy 
          service contracts are tools for utilizing private sector 
          investment to upgrade Federal facilities without any up-front 
          cost to the taxpayer.
              (5) Performance contracting is a way to retrofit Federal 
          buildings using private sector investment in the absence of 
          appropriated dollars.
              (6) Retrofits that reduce energy use also improve 
          infrastructure, protect national security, and cut facility 
          operations and maintenance costs.
  
  SEC. 3. USE OF ENERGY AND WATER EFFICIENCY MEASURES IN FEDERAL 
                BUILDINGS.
  
      (a) Energy Management Requirements.--Section 543(f)(4) of the 
  National Energy Conservation Policy Act (42 U.S.C. 8253(f)(4)) is 
  amended--
              (1) by redesignating subparagraphs (A) and (B) as clauses 
          (i) and (ii), respectively and by moving the margins 2 ems to 
          the right;
              (2) by striking ``Not later than'' and inserting the 
          following:
                      ``(A) In general.--Not later than''; and
              (3) by adding at the end the following new subparagraph:
                      ``(B) Measures not implemented.--Each energy 
                  manager, as part of the certification system under 
                  paragraph (7) and using guidelines developed by the 
                  Secretary, shall provide an explanation regarding any 
                  life-cycle cost-effective measures described in 
                  subparagraph (A)(i) that have not been implemented.''.
      (b) Reports.--Section 548(b) of the National Energy Conservation 
  Policy Act (42 U.S.C. 8258(b)) is amended--
              (1) in paragraph (3), by striking ``and'' at the end;
              (2) in paragraph (4), by striking the period at the end and 
          inserting ``; and''; and
              (3) by adding at the end the following new paragraph:
              ``(5) the status of each agency's energy savings 
          performance contracts and utility energy service contracts, the 
          investment value of such contracts, the guaranteed energy 
          savings for the previous year as compared to the actual energy 
          savings for the previous year, the plan for entering into such 
          contracts in the coming year, and information explaining why 
          any previously submitted plans for such contracts were not 
          implemented.''.
      (c) Federal Energy Management Definitions.--Section 551(4) of the 
  National Energy Conservation Policy Act (42 U.S.C. 8259(4)) is amended 
  by striking ``or retrofit activities'' and inserting ``retrofit 
  activities, or energy consuming devices and required support 
  structures''.
      (d) Authority to Enter Into Contracts.--Section 801(a)(2)(F) of the 
  National Energy Conservation Policy Act (42 U.S.C. 8287(a)(2)(F)) is 
  amended--
              (1) in clause (i), by striking ``or'' at the end;
              (2) in clause (ii), by striking the period at the end and 
          inserting ``; or''; and
              (3) by adding at the end the following new clause:
                              ``(iii) limit the recognition of operation 
                          and maintenance savings associated with systems 
                          modernized or replaced with the implementation 
                          of energy conservation measures, water 
                          conservation measures, or any series of energy 
                          conservation measures and water conservation 
                          measures.''.
      (e) Miscellaneous Authority.--Section 801(a)(2) of the National 
  Energy Conservation Policy Act (42 U.S.C. 8287(a)) is amended by adding 
  at the end the following:
                      ``(H) Miscellaneous authority.--Notwithstanding any 
                  other provision of law, a Federal agency may sell or 
                  transfer energy savings and apply the proceeds of such 
                  sale or transfer to fund a contract under this 
                  title.''.
      (f) Payment of Costs.--Section 802 of the National Energy 
  Conservation Policy Act (42 U.S.C. 8287a) is amended by striking ``(and 
  related operation and maintenance expenses)'' and inserting ``, 
  including related operations and maintenance expenses''.
      (g) Energy Savings Performance Contracts Definitions.--Section 
  804(2) of the National Energy Conservation Policy Act (42 U.S.C. 
  8287c(2)) is amended--
              (1) in subparagraph (A), by striking ``federally owned 
          building or buildings or other federally owned facilities'' and 
          inserting ``Federal building (as defined in section 551 (42 
          U.S.C. 8259))'' each place it appears;
              (2) in subparagraph (C) , by striking ``; and'' and 
          inserting a semicolon;
              (3) in subparagraph (D), by striking the period at the end 
          and inserting a semicolon; and
              (4) by adding at the end the following new subparagraphs:
                      ``(E) the use, sale, or transfer of energy 
                  incentives, rebates, or credits (including renewable 
                  energy credits) from Federal, State, or local 
                  governments or utilities; and
                      ``(F) any revenue generated from a reduction in 
                  energy or water use, more efficient waste recycling, or 
                  additional energy generated from more efficient 
                  equipment.''.
target: Energy Savings Through Public-Private Partnerships Act of 2014 - Amends the National Energy Conservation Policy Act (NECPA) to revise requirements for energy savings performance contracts. (These contracts allow federal agencies to work with private contractors on energy efficiency upgrades to federal facilities.)  Directs each federal facility energy manager to provide an explanation regarding life cycle cost-effective measures that have not been implemented as part of the web-based compliance certification system. (Life cycle costs are the total cost of owning, operating, and maintaining a building over its useful life.) Requires the Department of Energy (DOE) to report to the President and Congress on each agency's energy savings performance contracts and utility energy service contracts, including their investment value and their energy savings. Expands the kinds of energy conservation measures that may be implemented under the contracts by including those involving energy consuming devices and required support structures. Prohibits agencies from limiting recognition of operation and maintenance savings associated with energy systems that were modernized or replaced with energy conservation measures and water conservation measures (e.g. lower energy and water bills thanks to energy efficiency and conservation measures). Authorizes agencies to sell or transfer energy savings and apply the proceeds to fund a contract. Expands the meaning of energy savings to include: (1) the use, sale, or transfer of energy incentives, rebates, or credits (including renewable energy credits) from federal, state, or local governments or utilities; and (2) any revenue generated from a reduction in energy or water use, more efficient waste recycling, or additional energy generated from more efficient equipment. 
feat_title: Energy Savings Through Public-Private Partnerships Act of 2014