Section 470.590 – Proposals; selection.
The State Department of Energy may request proposals for and select one or more financial managers for the energy efficiency and sustainable technology loan program. The function of a financial manager is: (1) To assist in energy efficiency and sustainable technology loan program development; (2) To cooperate with federal and state agencies and public and […]
Section 470.515 – Rules.
The Public Utility Commission may adopt rules for carrying out the duties, functions and powers of the commission and the Public Purpose Fund Administrator under ORS 470.500 to 470.710. [2009 c.753 §4]
Section 470.595 – Investment with financial manager; rate of return.
Private utilities and other private entities may invest capital with an energy efficiency and sustainable technology loan program financial manager for use in carrying out the loan program. The Public Utility Commission may establish a reasonable rate of return that a financial manager may pay to a utility investing capital under this section. In establishing […]
Section 470.520 – State Department of Energy may contract for performance of duties.
The State Department of Energy may contract for persons to perform the duties of the department under ORS 470.500 to 470.710 including, but not limited to, the development of standardized base efficiency packages and standardized optional packages, energy efficiency and sustainable technology loan evaluation, processing and collection. A loan processed by a person contracting with […]
Section 470.600 – State Department of Energy may enter agreements to disburse supplemental capital funds; conditions.
To achieve the energy efficiency and sustainable technology loan program goals described in ORS 470.500, the Director of the State Department of Energy may enter into agreements to disburse supplemental capital funds through the Small Scale Local Energy Project Loan Fund and the Energy Project Supplemental Fund if: (1) The director estimates that interest rates […]
Section 470.525 – Quarterly report.
(1) The State Department of Energy shall send a quarterly report to the Small Scale Local Energy Project Advisory Committee. The report shall include, but need not be limited to, a summary of: (a) The total amount of energy efficiency and sustainable technology loans issued; (b) The types of projects being funded by the loans; […]
Section 470.605 – Local governments may direct moneys to certain funds to finance loans; accounting of moneys.
(1) Subject to the approval of the Director of the State Department of Energy, a local government, public utility or other legally organized entity may direct moneys to the Energy Project Supplemental Fund or Jobs, Energy and Schools Fund for use within a limited geographic area of this state as a source of capital for […]
Section 470.530 – Qualifications; duties; certification program.
(1) Except as provided in subsection (5) of this section, the Director of the State Department of Energy may establish qualifications for sustainable energy project managers and may exercise oversight to ensure compliance with those qualifications. A sustainable energy project manager shall provide the promotion, technical and financial support and verifications necessary to administer an […]
Section 470.610 – Issuance of bonds; written declarations of State Department of Energy.
(1) The State Treasurer, at the request of the Director of the State Department of Energy, from time to time may issue and sell revenue bonds in the name of and on behalf of the State of Oregon in compliance with the applicable provisions of ORS chapter 286A in the principal amount necessary to carry […]
Section 470.535 – Applications for certification as project manager; selection factors.
(1) The Director of the State Department of Energy shall initiate the certification process for a sustainable energy project manager by publishing a request for proposals. (2) An applicant for certification as a sustainable energy project manager shall submit information to the director that includes: (a) Background information about the applicant including, but not limited […]