FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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(Print or Type Responses)

1. Name and Address of Reporting Person * PISANO LEONARD   2. Issuer Name and Ticker or Trading Symbol ELECTRIC CITY CORP [ELC] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) _____ Director _____ 10% Owner __X__ Officer (give title below) _____ Other (specify below) COO (Last) (First) (Middle) 1280 LANDMEIER RD 3. Date of Earliest Transaction (Month/Day/Year) 05/03/2005 (Street) ELK GROVE VILLAGE, IL 60007 4. If Amendment, Date Original Filed(Month/Day/Year) 05/05/2005 6. Individual or Joint/Group Filing(Check Applicable Line) _X_ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person (City) (State) (Zip) Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned

1.Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Electric City Corp. Common Stock 05/03/2005   A   1,288,113 (1) A $ 1 (2) 1,288,113 (1) D

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)

1. Title of Derivative Security (Instr. 3)

2. Conversion or Exercise Price of Derivative Security

3. Transaction Date (Month/Day/Year)

3A. Deemed Execution Date, if any (Month/Day/Year)

4. Transaction Code (Instr. 8)

5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5)

6. Date Exercisable and Expiration Date (Month/Day/Year)

7. Title and Amount of Underlying Securities (Instr. 3 and 4)

8. Price of Derivative Security (Instr. 5)

9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)

10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)

11. Nature of Indirect Beneficial Ownership (Instr. 4)

Code

V

(A)

(D)

Date Exercisable

Expiration Date

Title

Amount or Number of Shares

Options to purchase Electric City Corp. Common Stock

$ 1

05/03/2005

A

75,000

05/03/2005

05/03/2015

Electric City Corp. Common Stock

75,000

$ 1

75,000

D

Options to purchase Electric City Corp. Common Stock

$ 1

05/03/2005

A

133,334

05/03/2006

05/03/2015

Electric City Corp. Common Stock

133,334

$ 1

208,334

D

Options to purchase Electric City Corp. Common Stock

$ 1

05/03/2005

A

133,333

05/03/2007

05/03/2015

Electric City Corp. Common Stock

133,333

$ 1

341,667

D

Options to purchase Electric City Corp. Common Stock

$ 1

05/03/2005

A

133,333

05/03/2008

05/03/2015

Electric City Corp. Common Stock

133,333

$ 1

475,000

D

Reporting Owners

Reporting Owner Name / Address	Relationships
	Director	10% Owner	Officer	Other
PISANO LEONARD 1280 LANDMEIER RD ELK GROVE VILLAGE, IL 60007			COO

Signatures

Tammy Koeller, by power of attorney		11/16/2005
**Signature of Reporting Person		Date

Explanation of Responses:

*	If the form is filed by more than one reporting person, see Instruction 4(b)(v).
**	Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1)	This is an amendment to the Form 4 filed on May 5th, to report a change in the number of shares received by Mr. Pisano as a result of the sale of Maximum Performance Group, Inc. and to include the shares held in escrow.
(2)	Shares received as partial consideration for the sale of Maximum Performance Group, Inc. For the purpose of the acquisition the stock was valued as $1.00 per share. 667,606 shares are being held in escrow to be released at the rate of 202 shares per $1,000 in revenue earned by Maximum Performance Group, Inc. in excess of $5,500,000 during the two year period from July 1, 2005 through June 30, 2007.

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