Section 460.1209 – Loan; Term; Limitation; Repayment; Interest.
460.1209 Loan; term; limitation; repayment; interest. Sec. 209. (1) The term of a loan paid through a residential energy projects program shall not exceed the anticipated useful life of the energy project financed by the loan or 180 months, whichever is less. The loan shall be repaid in monthly installments. (2) The lender shall comply […]
Section 460.1211 – Rules; Report; Program With Differing Elements or Approval by Commission.
460.1211 Rules; report; program with differing elements or approval by commission. Sec. 211. (1) Pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, the commission shall promulgate rules to implement this part within 1 year after the effective date of this section. (2) Every 5 years after the promulgation […]
Section 460.1201 – Definitions.
460.1201 Definitions. Sec. 201. As used in this part: (a) “Energy project” means the installation or modification of an energy waste reduction improvement or the acquisition, installation, or improvement of a renewable energy system. (b) “Energy waste reduction improvement” means equipment, devices, or materials intended to decrease energy consumption, including, but not limited to, all […]
Section 460.1203 – Residential Energy Projects Program; Establishment; Itemized Charges; Right to Propose Differing Program.
460.1203 Residential energy projects program; establishment; itemized charges; right to propose differing program. Sec. 203. (1) Pursuant to section 205, a provider whose rates are regulated by the commission may establish a residential energy projects program. (2) Under a residential energy projects program, if a record owner of property in the provider’s service territory obtains […]
Section 460.1205 – Residential Energy Projects Program; Plan; Filing; Contents; Approval; Determination; Review.
460.1205 Residential energy projects program; plan; filing; contents; approval; determination; review. Sec. 205. (1) A residential energy projects program may only be established and implemented pursuant to a plan approved by the commission. A provider seeking to establish a residential energy projects program shall file a proposed plan with the commission. (2) A plan under […]
Section 460.1207 – Baseline Home Energy Audit Required; Verification; Per-Meter Charge; Shut Off for Nonpayment; Obligation to Pay.
460.1207 Baseline home energy audit required; verification; per-meter charge; shut off for nonpayment; obligation to pay. Sec. 207. (1) A baseline home energy audit shall be conducted before an energy project that will be paid for through charges on the utility bill under this part is undertaken. After the energy project is completed, the provider […]