Section 470.620 – Bond pledges; trustees.
The bonds issued by the State Treasurer under ORS 470.610 and the energy revenue bond declaration may: (1) Pledge all or any part of the fees received by the State Department of Energy under ORS 470.655 and all or any part of the moneys received in payment of energy efficiency and sustainable technology loans and […]
Section 470.710 – Apprenticeship and job training.
(1) The State Department of Energy shall collaborate with the State Workforce and Talent Development Board and other interested parties to identify opportunities for apprenticeship and for job training and development that would further the goals of ORS 470.500 to 470.710 and provide valuable skills to Oregon workers. (2) In adopting any rules for carrying […]
Section 470.630 – Form of disbursement; conditions for issuance.
(1) The State Department of Energy may disburse energy efficiency and sustainable technology loan and small scale local energy program loan moneys by providing the loan moneys through a sustainable energy project manager or providing the loan moneys to or through an entity described in ORS 470.060. Loan moneys may be disbursed through a sustainable […]
Section 470.715 – Costs of adopting rules.
The cost of adopting rules under ORS 470.140 to carry out ORS 470.500 to 470.710: (1) May be paid from the Jobs, Energy and Schools Fund or Energy Project Bond Loan Fund; or (2) May be paid from the Small Scale Local Energy Project Administration and Bond Sinking Fund created under ORS 470.300 if the […]
Section 470.635 – Requirement for energy savings projection; form of projection; use of certified primary contractors.
(1) The State Department of Energy may not complete an agreement for the issuance of an energy efficiency and sustainable technology loan unless the sustainable energy project manager, a primary contractor designated by the sustainable energy project manager or a person approved by the department completes an energy savings projection or similar evaluation for the […]
Section 470.720 – Loan program information to be provided by utilities; rules.
All investor-owned utilities and consumer-owned utilities that have customers enrolled in energy efficiency and sustainable technology loan programs shall, at the request of the Director of the State Department of Energy, provide the director with the following information in aggregated form regarding the loans: (1) Repayment performance; (2) Default rates; (3) Energy savings data; and […]
Section 470.640 – Amount of loans; exceptions.
(1) Except as provided in subsection (2) of this section, the amount of an energy efficiency and sustainable technology loan may not exceed $40,000 for residential dwellings served by a single meter of the utility that is to provide on-bill financing. The loan limit described in this subsection does not apply to other buildings such […]
Section 470.645 – Application for loan; contents.
An application for an energy efficiency and sustainable technology loan must contain: (1) Information sufficient to identify real or personal property located within this state against which a fixture filing and lien may be filed under ORS 470.680 or 470.685 to secure the loan and sufficient to allow verification that the property owner is the […]
Section 470.650 – Residential small scale local energy projects; weatherization program.
(1) If an applicant for a loan to construct a residential small scale local energy project has household income that may qualify the person for a weatherization program operated by the Housing and Community Services Department, the sustainable energy project manager shall refer the applicant to the department. This subsection does not prohibit a sustainable […]
Section 470.655 – Project initiation fee; base efficiency package fee; rules.
(1) Except as provided in ORS 470.650, an applicant for an energy efficiency and sustainable technology loan approved by the State Department of Energy shall pay the department a project initiation fee. Upon request of the loan applicant, the department may add all or part of a project initiation fee to the principal of an […]