OAR 330-069-0025
Maximum Payment Levels
(1)
TAS: ODOE shall set the maximum payment to the owner for a TAS as the smaller of:(a)
An amount equal to the actual cost of the TAS; or(b)
An amount not to exceed $0.0108 times the building’s kWh/yr use at the time the EA is completed or updated. ODOE reserves the right to question and adjust the cost of a TAS. The actual payment will be set as per OAR 330-069-0085 (Program Procedures)(2).(2)
ECM:(a)
ODOE shall set the maximum payment for an ECM as the smaller of:(A)
An amount equal to the estimated cost of the ECM less the first year dollar savings stated in the TAS; or(B)
An amount not to exceed $0.292 times the estimated first year kWh savings, less the first year dollar savings stated in the TAS. The final payment will also be subject to OAR 330-069-0085 (Program Procedures)(3).(b)
For projects that cost more than $10,000 but less than $200,000, progress payments may be made upon 30 percent, 60 percent, and 100 percent project completion, unless otherwise agreed to by the funding IOU and ODOE;(c)
For projects that cost more than $200,000, progress payments may be made upon 30 percent, 60 percent, 80 percent, and 100 percent project completion, unless otherwise agreed to by the funding IOU and ODOE.
Source:
Rule 330-069-0025 — Maximum Payment Levels, https://secure.sos.state.or.us/oard/view.action?ruleNumber=330-069-0025
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