1 CCR 301-85 - RULES GOVERNING THE RENEWABLE ENERGY AND ENERGY EFFICIENCY FOR SCHOOLS LOAN PROGRAM

  1. § 1 CCR 301-85-1 - Definitions
  2. § 1 CCR 301-85-2 - Eligibility and General Terms
  3. § 1 CCR 301-85-3 - REEES Loan Program Process Outline
  4. § 1 CCR 301-85-4 - Permissible Uses of Loans
  5. § 1 CCR 301-85-5 - Application
  6. § 1 CCR 301-85-6 - Ranking Criteria used by the Office
  7. § 1 CCR 301-85-7 - Availability and Oversight

Background

The Renewable Energy and Energy Efficiency for Schools Loan Program "REEES Loan Program" was created by House Bill 09-1312 and later amended by Senate Bill 14-202. The goal of the program is to provide low interest loans to school districts for the purpose of installing renewable energy systems and undertake energy efficiency improvements.

Authority

These rules are adopted pursuant to the powers and duties of the state board set forth in § 22-2-107(1)(c) C.R.S. and § 22-92-105(1) C.R.S. Under this provision, the state board of education, in consultation with the Colorado Energy Office, shall promulgate rules establishing policies and procedures for the administration of the Renewable Energy and Energy Efficiency for Schools Loan Program.

Scope and Purpose

These rules are promulgated pursuant to the "Renewable Energy and Energy Efficiency for Schools Loan Program Act," § 22-92-101 et seq,. C.R.S. As set forth in the legislative declaration, § 22-92-102(3) the general assembly determined that it would serve the best interests of Colorado schools for the state to make available loans to support the efforts of schools that choose to undertake renewable energy projects or energy efficiency projects. Pursuant to § 22-92-105(1), C.R.S., the state board of education, in consultation with the Colorado Energy Office, shall promulgate rules establishing policies and procedures for the administration of the renewable energy and energy efficiency for schools loan program. § 22-92-105(1), C.R.S. provides that at a minimum, the rules shall include:

(a) Procedures by which a qualified school district may apply for a loan, the form of the loan application, the information to be provided by an applicant, and the criteria used by the office for recommending awarding and denying loans;
(b) The requirements that the office shall require of loan applicants, which requirements shall include, but need not be limited to a requirement that a loan applicant submit with its application;
(I) An energy rating for the facility for which the loan is intended that demonstrates that the facility qualifies for federal energy star label or meets the energy requirements set forth in § 22-32-124.3, C.R.S.; OR
(II) An energy efficiency plan that is created in consultation with the office, which plan includes:
(A) Cost-effective energy-saving measures and programs that the applicant will implement; and
(B) Actions that the applicant will take to implement, monitor, review, and revise the plan.

Notes

1 CCR 301-85
Entire rule eff. 07/30/2010.
Entire rule eff. 01/30/2015.

State regulations are updated quarterly; we currently have two versions available. Below is a comparison between our most recent version and the prior quarterly release. More comparison features will be added as we have more versions to compare.

No prior version found.