Regulation .08 Evaluation Criteria.
Regulation .08 Evaluation Criteria.LinkCopy Citation
The Administration may take the following factors into consideration in prioritizing loans for any fiscal year:
A.
Type of applicant with local governments, including schools, and nonprofits receiving special priority;
B.
Amount of projected electricity saved, fossil fuels displaced, or renewable energy generated;
C.
The extent to which the loan would leverage other energy investment dollars, including funds from the applicant or other private, local government, or federal financing;
D.
Risk profile of loan, including the length of the payback period, the applicant's ability to repay or provide security or collateral, or both, as required by the Administration;
E.
The availability of insurance;
F.
How the loan interacts with the applicant's broader energy conservation strategy; and
G.
Project readiness.