Utah Admin. Code R362-3-4 - Eligibility of Projects for Loans
(1) Eligibility for loans from the Fund is
limited to political subdivisions within the State of Utah.
(2) Loans may be used only by political
subdivisions to fully or partially finance energy efficiency projects within
buildings owned and operated by the political subdivision.
(3) For energy efficiency projects involving
renovation, upgrade, or improvement of existing buildings, the following
project measures are eligible for loan financing from the Fund:
(a) Building exterior weatherization, air
sealing, or thermal efficiency;
(b)
Increase or improvement in building insulation;
(c) Door, window, or skylight
upgrades;
(d) Lighting technology
upgrades, or reduction of the number of fixtures;
(e) Heating, ventilation, and air
conditioning (HVAC) replacements or upgrades;
(f) Improvements to energy control
systems;
(g) Renewable energy
systems;
(h) Other energy
efficiency projects that a political subdivision can demonstrate will result in
a significant reduction in the consumption of energy within a
building.
(4) The
following project measures are not eligible for energy efficiency projects from
the Fund involving renovation, upgrade, or improvement of existing buildings:
(a) The repair of existing buildings or
equipment;
(b) Projects that save
money through switching of fuels, energy sources, or vendors, except in the
case of the installation of a renewable energy system or other fuel changes
that result in energy savings;
(c)
Projects or measures intended to save money by changing the time of day or year
at which energy is consumed (i.e. thermal energy storage or other peak demand
reduction systems); or
(d) Upgrades
to non-fixed appliances or equipment within a building such as computers,
copiers, and other systems.
(5) An energy efficiency project can be
eligible as part of a new building construction if the following conditions are
met:
(a) The building measure or system for
which a loan is sought must surpass the minimum prescriptive requirements of
the Utah Energy Code; and
(b) The
completed building must exceed the minimum energy performance standards of the
Utah Energy Code for its building type by at least 10%.
(6) An energy efficiency project is eligible
for a loan only if the total amount of funds awarded to the project are repaid
in a term of between two and twelve years.
Notes
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