(a) The Arkansas Energy Office of the Arkansas Department of Environmental Quality shall administer this subchapter.
(b) The Arkansas Pollution Control and Ecology Commission may promulgate regulations for the administration of this subchapter to include without limitation the following:
(1) Standards for measuring and verifying the performance of energy cost savings measures;
(2) A standard contract form for use by a state agency in entering into a guaranteed energy cost savings contract;
(3) The adoption of the International Performance Measurement and Verification Protocol as it existed on a specific date; and
(4) To establish and collect a reasonable fee to cover the costs of administering this subchapter.