<?xml version='1.0' encoding='utf-8'?>
<baltimore-city-law heading="§ 30-6 Qualifying Energy Improvements.">
  <section prefix="§" num="30-6" heading="Qualifying Energy Improvements.">
    <para num="(a)" heading="In general.">A property owner may use the PACE Loan Program to finance all costs incurred to purchase, upgrade, modify, or construct qualifying energy improvements to a new or existing commercial property, including all property improvements necessary to install a qualified energy improvement.</para>
    <para num="(b)" heading="Qualifying costs.">Qualifying energy improvement costs include:<para num="(1)">energy audits;</para>
      <para num="(2)">pre-construction and post-installation evaluation, measurement, and verification services;</para>
      <para num="(3)">engineering, design, and feasibility studies;</para>
      <para num="(4)">materials and labor necessary for installation;</para>
      <para num="(5)">commissioning or retro-commissioning;</para>
      <para num="(6)">performance guarantees;</para>
      <para num="(7)">operations and maintenance service contracts, warranties, or insurance;</para>
      <para num="(8)">accreditation or certification of building energy performance with standard-setting organizations approved by the Administrator; and</para>
      <para num="(9)">federal, state, or local regulatory compliance costs required to complete an energy improvement.</para>
    </para>
    <para num="(c)" heading="Renewable energy projects.">
      <para num="(1)" heading="Qualifications.">A renewable energy project qualifies as an energy improvement under this subtitle only if the commercial property consumes all or a portion of the output from the renewable energy project.</para>
      <para num="(2)" heading="Resiliency benefits.">Renewable energy projects may include technologies that provide resiliency benefits to the commercial property or the electrical grid.  These benefits include demand management, ancillary services, power quality, capacity firming, or other benefits determined by the Administrator to be consistent with the purpose of this program.</para>
    </para>
    <annotation type="History">Ord. 16-533</annotation>
  </section>
</baltimore-city-law>
