(a) The heads of the several executive departments referred to in this title shall prepare and submit to the Governor the reports as required by the Revised Organic Act of the Virgin Islands, approved July 22, 1954, or by the Governor.
(b) The heads of all departments, agencies, independent boards, commissions and authorities of the Government of the Virgin Islands shall report to the Department of Finance, on a semi-annual basis, a complete breakdown of actual monthly expenses incurred for electricity use in every office and building under their respective jurisdictions. The Commissioner of Finance shall compile and analyze such data, and report annually to the Legislature on his findings, as well as his recommendations.