Utah Code 11-45-202. Criteria for loans
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(1) The office shall make a loan from the fund to a political subdivision only to finance an energy efficiency project.
Terms Used In Utah Code 11-45-202
- Energy code: means the energy efficiency code adopted under Section 15A-1-204. See Utah Code 11-45-102
- Energy efficiency project: means :(2)(a)(i) for an existing building, a retrofit to improve energy efficiency; or(2)(a)(ii) for a new building, an enhancement to improve energy efficiency beyond the minimum required by the energy code. See Utah Code 11-45-102
- Fund: means the Energy Efficiency Fund created in Part 2, Energy Efficiency Fund. See Utah Code 11-45-102
- Office: means the Office of Energy Development created in Section 79-6-401. See Utah Code 11-45-102
- Political subdivision: means a county, city, town, or school district. See Utah Code 11-45-102
(2) The office may not make a loan from the fund:(2)(a) to finance a political subdivision’s compliance with the energy code in the construction of a new building; or(2)(b) with a term of less than two years or more than 12 years.