1 Colo. Code Regs. § 301-85-4
Current through Register Vol. 47, No. 22, November 25, 2024
Section 1 CCR 301-85-4 - Permissible Uses of Loans4.1. A Qualified School District that receives a loan through the REEES Loan Program shall use the moneys received to pay for technical assistance, equipment, or installation costs associated with a Renewable Energy Project or an Energy Efficiency Project.4.2 A Qualified School District that receives a loan through the REEES Loan Program may use moneys it receives for a Renewable Energy Project or Energy Efficiency Project to finance the acquisition of a Renewable Energy Project that is located on the school premises and, if it generates electricity, is interconnected on the customer side of the utility meter in accordance with interconnection standards adopted by the public utilities commission. Such a project may incorporate or consist of third party ownership, as authorized under § 24-38.7-201, et seq., through § 24-38.7-203, et seq., C.R.S., or an interest in a community solar garden as defined in § 40-2-127, C.R.S.4.3. A Qualified School District may apply for a loan from the REEES Loan Program for a Renewable Energy Project or an Energy Efficiency Project that is located at a charter school of the school district.38 CR 01, January 10, 2015, effective 1/30/2015