Section 470.565 – Loan applicant request for energy savings projection; processing of loan applications.
(1) At the request of a loan applicant, a primary contractor that is authorized to participate in the construction of small scale local energy projects financed through the energy efficiency and sustainable technology loan program may conduct an energy savings projection or similar evaluation for a property and conduct post-project verifications of energy savings in […]
Section 470.570 – Energy Project Supplemental Fund; sources; uses.
(1) The Energy Project Supplemental Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Energy Project Supplemental Fund shall be credited to the Energy Project Supplemental Fund. (2) The Energy Project Supplemental Fund shall consist of any moneys received for purposes of the energy efficiency and […]
Section 470.575 – Jobs, Energy and Schools Fund; sources; uses.
(1) The Jobs, Energy and Schools Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Jobs, Energy and Schools Fund shall be credited to the Jobs, Energy and Schools Fund. Moneys in the fund are continuously appropriated to the State Department of Energy for use as […]
Section 470.580 – Energy Project Bond Loan Fund; sources; uses.
(1) The Energy Project Bond Loan Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Energy Project Bond Loan Fund shall be credited to the fund. (2) The fund shall consist of: (a) Net proceeds from the issuance of revenue bonds under ORS 470.610 that are […]
Section 470.585 – Energy Revenue Bond Repayment Fund; uses.
(1) The Energy Revenue Bond Repayment Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Energy Revenue Bond Repayment Fund shall be credited to the fund. Moneys in the fund may be invested as provided in ORS 293.701 to 293.857. Moneys in the fund are continuously […]
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 […]