Oregon Statutes 470.060 – Application for financing; content; fee
(1) The following may file with the State Department of Energy an application to obtain moneys for a small scale local energy project as provided in this chapter:
Terms Used In Oregon Statutes 470.060
- Applicant: means an applicant for a loan to construct a small scale local energy project. See Oregon Statutes 470.050
- Cooperative: means a cooperative corporation organized under ORS Chapter 62. See Oregon Statutes 470.050
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Director: means the Director of the State Department of Energy appointed under ORS § 469. See Oregon Statutes 470.050
- Eligible federal agency: means a federal agency or public corporation created by the federal government that proposes to use a loan for a small scale local energy project. See Oregon Statutes 470.050
- Eligible state agency: means a state officer, board, commission, department, institution, branch or agency of the state whose costs are paid wholly or in part from funds held in the State Treasury. See Oregon Statutes 470.050
- Energy efficiency and sustainable technology loan: means a loan for a small scale local energy project that is repayable by means of:
(a) A charge included with the participant's utility customer account billing; or
(b) An alternative repayment method identified by the department and the borrower and specified in the loan agreement. See Oregon Statutes 470.050
- Loan: includes the purchase or other acquisition of evidence of indebtedness and money used for the purchase or other acquisition of evidence of indebtedness. See Oregon Statutes 470.050
- Municipal corporation: has the meaning given in ORS § 297. See Oregon Statutes 470.050
- Oregon business: means a sole proprietorship, partnership, company, cooperative, corporation or other form of business entity that is organized or authorized to do business under Oregon law for profit. See Oregon Statutes 470.050
- Small scale local energy project: means any of the following:
(a) A system, mechanism or series of mechanisms located primarily in Oregon that directly or indirectly uses or enables the use of, by the applicant or another person, renewable resources including, but not limited to, solar, wind, geothermal, biomass, waste heat or water resources to produce energy, including heat, electricity and substitute fuels, to meet a local community or regional energy need in this state. See Oregon Statutes 470.050
(a) An individual who is an Oregon resident;
(b) An Oregon business;
(c) A nonprofit or public cooperative;
(d) A nonprofit corporation;
(e) An eligible federal agency;
(f) An eligible state agency;
(g) A public corporation created by this state;
(h) An intergovernmental entity created pursuant to an intergovernmental agreement under ORS § 190.003 to 190.130;
(i) A special district;
(j) A local improvement district;
(k) A public university listed in ORS § 352.002; or
(L) A municipal corporation.
(2) Applications to obtain financing for a small scale local energy project shall be made in writing on a form prescribed by the State Department of Energy. Applications submitted to the State Department of Energy shall:
(a) Describe the nature and purpose of the proposed small scale local energy project.
(b) State whether any purposes other than energy production, but consistent with energy production, will be served by the proposed small scale local energy project, and the nature of the other purposes, if any.
(c) Include an evaluation of the potential of the small scale local energy project to meet local community energy needs.
(d) Include an evaluation of the potential environmental impacts of the small scale local energy project.
(e) State whether any moneys other than those in the loan fund are proposed to be used for the development of the proposed small scale local energy project, and whether any other moneys are available or have been sought for the project.
(f) Describe the source of moneys for repayment of the loan applied for.
(3) If the application is for a loan other than an energy efficiency and sustainable technology loan to an individual, a fee of one-tenth of one percent of the amount of the loan applied for or $2,500, whichever is less, shall be submitted with each application. In addition, the applicant may be required to pay for costs incurred in connection with the application that exceed the application fee and which the Director of the State Department of Energy determines are incurred solely in connection with processing the application. The applicant shall be advised of any additional costs the applicant must pay before the costs are incurred. [1979 c.672 § 2; 1981 c.50 § 2; 1983 c.188 § 2; 1985 c.593 § 3; 1997 c.29 § 2; 2005 c.201 § 4; 2009 c.753 § 55; 2015 c.767 § 175]