An eligible entity that, at any time before the date that is 60 days after February 7, 2014, has established an energy efficiency program for qualified consumers may use an existing list of energy efficiency measures, implementation plan, or measurement and verification system of that program to satisfy the requirements of subparagraph (A) if the Secretary determines the list, plan, or systems are consistent with the purposes of this section.
Any advance of loan funds to an eligible entity in any single year shall not exceed 50 percent of the approved loan amount.
All special advances shall be made under a loan described in paragraph (1) during the first 10 years of the term of the loan.
The Secretary shall take appropriate steps to streamline the accounting requirements on borrowers under this section while maintaining adequate assurances of the repayment of the loans.
The authority provided in this section is in addition to any other authority of the Secretary to offer loans under any other law.
Subject to the availability of funds and except as otherwise provided in this section, the loans and other expenditures required to be made under this section shall be available until expended, with the Secretary authorized to make new loans as loans are repaid.
There is authorized to be appropriated to carry out this section $75,000,000 for each of fiscal years 2014 through 2023.