Section 470.800 – Clean Energy Deployment Fund; sources; uses.
(1) The Clean Energy Deployment Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Clean Energy Deployment Fund shall be credited to the Clean Energy Deployment Fund. Moneys in the fund are continuously appropriated to the State Department of Energy for use as provided in ORS […]
Section 470.805 – Renewable Energy Development Subaccount; sources; uses.
(1) The Renewable Energy Development Subaccount is established in the Clean Energy Deployment Fund established in ORS 470.800. Interest earned by the Renewable Energy Development Subaccount shall be credited to the subaccount. Moneys in the fund are continuously appropriated to the State Department of Energy for purposes related to renewable energy development. (2) The department […]
Section 470.810 – Clean energy deployment program; prevailing wage requirements; rules.
(1) The State Department of Energy shall establish the clean energy deployment program to provide grants and loans to support energy efficiency or clean energy projects in this state. The department shall establish criteria for qualifications of the projects by rule. (2)(a) The department may use funds from the Jobs, Energy and Schools Fund and […]
Section 470.815 – School district projects.
(1) School districts that participate in the clean energy deployment program established in ORS 470.810 may finance projects to: (a) Weatherize, upgrade and retrofit kindergarten through grade 12 public schools; (b) Retrofit school bus fleets to operate on compressed natural gas or other alternative fuels such as propane or to operate with high-efficiency types of […]
Section 470.685 – Recording liens; foreclosure of liens; attorney fees and costs.
(1) The State Department of Energy or a sustainable energy project manager may act on behalf of the Director of the State Department of Energy for the purpose of recording a lien in favor of the director as required by ORS 470.170 (3) against property benefited by an energy efficiency and sustainable technology loan. (2) […]
Section 470.690 – Avoidance of foreclosure.
A person that acquired an interest in a property in good faith and for a valuable consideration before the date a lien described in ORS 470.680 or 470.685 attached to the property under ORS 470.170 may avoid foreclosure of the lien by paying any delinquencies and collection costs associated with the underlying loan repayment charge […]
Section 470.695 – Sale of real property; notice of loan repayment charge required.
A person entering into an agreement to sell, rent, lease or otherwise confer a right in the person’s real property that is benefited by an energy efficiency and sustainable technology loan for which a loan repayment charge or other repayment obligation applies or for which a fixture filing, lien or other form of security exists […]
Section 470.615 – Payment of bonds.
(1) Revenue bonds issued under ORS 470.610 do not constitute a debt, liability or general obligation of this state or any political subdivision of this state or a pledge of the faith and credit of this state or any political subdivision of this state, but shall be payable solely from the revenues, moneys and other […]
Section 470.700 – Use of loan offset grant moneys; alternate mechanisms.
(1) The State Department of Energy may use loan offset grant moneys for any of the following if, in the absence of the grant moneys, a utility customer would incur higher overall monthly costs when energy costs and small scale local energy project costs are considered: (a) Offsetting the cost of an approved small scale […]
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 […]