Senate committee substitute makes the following changes to the first edition.

Amends GS 143-64.17A (Solicitation of guaranteed energy savings contracts), deleting language from the 1st edition that provided that in the case of a governmental unit wishing to enter into additional performance contracts with the same qualified provider within five years of signing a performance contract, the unit may enter directly into a guaranteed energy savings contract with the same provider.

Amends GS 143-64.17A(b), providing that the evaluating report required to be submitted to the governmental unit, per this section, can include a recommendation for selection, but the governmental unit is not obligated to follow it (previously, the report could not make any recommendation for selection).

Repeals GS 143-64.17L (Board of Governors may authorize energy conservation measures at constituent institutions) and GS 143-64.17M (Energy savings analysis required prior to implementation; post‑implementation analyses required).

Amends GS 143-64.17F(b), GS 143-64.17H, and GS 142-64, making conforming changes as required by the above repealed sections.

Amends GS 143-63 (Authorization of financing contract), making required conforming changes and deleting language that provided that specified entities were authorized to execute and deliver a financing contract for the costs of the energy conservation measure. Also deletes the requirement that aggregate outstanding amounts payable by the state, under financing contracts pursuant to this Article, must not exceed $500,000 at any one time.

Provides that NC State University can continue to self-perform the Phytotron Energy Savings Performance Contract project and an energy conservation measure for which a request for proposal has been issued prior to December 31, 2013, with financing put in place by December 31, 2014. Projects are subject to the requirements of GS Chapter 143, Article 3B, Part 2, including any of the requirements in the statutes repealed or amended by this section.

Makes technical changes throughout.