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 470.660 – Investor-owned utilities; requirements of system; rules; waiver.
(1) All investor-owned utilities, except those that have withheld consent under ORS 470.510 (3), shall provide on-bill financing, except as described in subsection (4) of this section. After an investor-owned utility has established an on-bill financing system, an energy efficiency and sustainable technology loan shall be repaid by on-bill financing unless the loan agreement specifies […]
Section 470.665 – Consumer-owned utilities; requirements of system; rules; waiver.
(1) If a consumer-owned utility has established an on-bill financing system, an energy efficiency and sustainable technology loan shall be repaid by on-bill financing unless the loan agreement specifies that the State Department of Energy and the borrower have agreed to an alternative method for ensuring repayment of the loan. (2) Unless the Director of […]
Section 470.670 – Repayment requirement for customer served by electric utility and gas utility.
If a customer is served by both an electric utility and a gas utility that both have an on-bill financing system, a loan repaid through on-bill financing shall be repaid through the on-bill financing system of the utility that supplies the customer’s primary source of heat for the property. [2009 c.753 §34]
Section 470.675 – Cost eligibility for ratemaking purposes; loan repayment charges.
(1) If a utility incurs reasonable costs in implementing an on-bill financing system that exceed any moneys received by the utility to assist in the implementation, the costs are legitimate costs for ratemaking purposes. (2) A loan repayment charge for an energy efficiency and sustainable technology loan may include, but need not be limited to, […]
Section 470.680 – State Department of Energy to identify forms of acceptable security.
(1) Subject to ORS 470.170, the State Department of Energy may identify forms of acceptable security for energy efficiency and sustainable technology loans that the department determines will achieve the goals and requirements of the energy efficiency and sustainable technology loan program and that provide adequate security for repayment of the loans. (2) For loans […]
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) […]