Small Scale Local Energy Projects

ORS 470.655
Project initiation fee

  • base efficiency package fee
  • rules


(1)

Except as provided in ORS 470.650 (Residential small scale local energy projects), an applicant for an energy efficiency and sustainable technology loan approved by the State Department of Energy shall pay the department a project initiation fee. Upon request of the loan applicant, the department may add all or part of a project initiation fee to the principal of an issued loan. The department may establish the fee amount by rule, not to exceed four percent of the approved loan amount. If the department does not establish the fee amount, the fee shall be two percent of the approved loan amount.

(2)

The Director of the State Department of Energy may by rule establish a base efficiency package fee for energy efficiency and sustainable technology loans if the loans are not financed by moneys from the Jobs, Energy and Schools Fund. The fee may not exceed 10 percent of the estimated economic benefit for the base efficiency package. Any fees collected by the department under this subsection shall be deposited in the fund. [2009 c.753 §31; 2010 c.92 §4; 2011 c.467 §16]
Chapter 470

Notes of Decisions

There is nothing in this chapter which requires the Department of Energy or its director to recover loans or withhold future loan installments for the purpose of compelling compliance by the borrower with the wage and employment conditions of state law. State ex rel Building Council v. Bureau of Labor, 61 Or App 22, 656 P2d 325 (1982), Sup Ct review denied


Source

Last accessed
Jun. 26, 2021