1 Colo. Code Regs. § 301-85-5

Current through Register Vol. 47, No. 22, November 25, 2024

Section 1 CCR 301-85-5 - Application

5.1. Application Requirements.

5.1.1. Application forms shall be available from the Governor's Energy Office and on the Office website at www.colorado.gov/energy/

5.1.2. Applications shall be sent to the Office in electronic form sent to the following email address REEESLoan@state.co.us with one hard copy provided via first class mail. Each application shall be in a form prescribed by the Office and shall include the items described in Section 5 of these rules.

5.1.3. The Office shall assess the merit of the expected benefits of the Renewable Energy Project or Energy Efficiency Project by reviewing the technical eligibility and merit of the Applicant's project. The Office shall provide a written report, make a recommendation to the State Treasurer as to whether to award the loan and the amount of the loan and notify the Applicants in writing that the Office's recommendations have been sent to the State Treasurer no more than forty-five (45) days after the application deadline.

5.1.4. The State Treasurer shall evaluate and review the financial aspects of the Application and the Colorado Energy Office's recommendation and make the final loan decision based on its findings and the Office's technical opinion and recommendation and any other considerations he or she deems relevant. Pursuant to § 22-92-107(2)(a) and (b), the State Treasurer shall determine the amount of the Public School Fund that may be loaned, which Qualified School Districts shall receive loans, the amount of each loan, the terms of repayment of each loan and the rate of interest to be charged on loans. The average rate of interest charged on loans made in any calendar year must at least equal the average book yield earned by the Public School Fund in the most recently completed quarter. Payments of the principal of and interest on all loans shall be returned to the Public School Fund.,

5.2. Information to be provided by an applicant.

5.2.1. Project Name: Provide the full name of the proposed Renewable Energy or Energy-Efficient Project.

5.2.2. Applicant Information: Name, position, phone and fax number, and email address of the contact person within the Qualified School District.

5.2.3. Renewable Energy Project Team: Name, position, phone and fax number, and email address of the team members.

5.2.4. A detailed description of the scope and nature of the Renewable Energy Project or Energy Efficiency Project;

5.2.5. The estimated amount of Financial Assistance needed for the Renewable Energy Project or Energy Efficiency Project;

5.2.6 For renewable energy projects, the applicant should include information that demonstrates that the facility qualifies for the federal energy star label or meets the efficiency requirements set forth in section 22-32-123.3, C.R.S.;

5.2.7. Proposed Technology

5.2.6.1. Renewable Energy Project or Energy Efficiency Project Information.

5.2.6.1.1. A copy of any existing master plan or facility assessment relating to the Facility or Facilities for which Financial Assistance is sought.

5.2.6.1.2. Renewable Energy Technology. A detailed description of the type of technology the Qualified School District proposes to use and why such technology would reduce energy costs by the implementation of the technology.

5.2.6.1.3. Equipment Specifications.

5.2.6.1.4. Monitoring. A detailed description of the methodology used to monitor the energy produced by the Renewable Energy Project, or the Energy Efficiency Project and plans for ongoing monitoring.

5.2.6.1.5. The estimated annual energy that will be generated by the Renewable Energy Project or Energy Efficiency Project.

5.2.6.2. The following information shall be provided in the application for an Energy Efficiency Project:

5.2.6.2.1. A detailed description of the how the installation of equipment and related infrastructure will help defray energy costs as well as any other benefits such as improved maintainability, improved mechanical systems and equipment, adding insulation or otherwise improving the building envelope, adding or incorporating solar thermal technologies, reduced operating costs, improved occupant comfort or improved operations management.

5.2.6.2.2. The estimate of the amount of energy consumption and water consumption saved from implementing each of the proposed efficiency improvement(s) as well as any assumptions used to calculate those values.

5.2.6.2.3. If applying for a motor vehicle efficiency project, provide a detailed description of how the energy efficiency of motor vehicle fleets will be optimized through: adoption of alternative fuel vehicles (AFVs); "right sizing" of fleets; and/or bench marking, tracking and monitoring of vehicle usage with clear implications for improved fuel efficiency and addition of fuel-saving technologies to existing vehicles.

5.2.7. Project Capital Costs. The application shall include information on the annual operation and maintenance costs, including but not limited to the following:

5.2.7.1. Project Annual Operation and Maintenance Costs

5.2.7.2. Project Annual Benefits

5.2.7.2.1. Economic Benefits

5.2.7.2.3. Other environmental and health benefits

5.2.7.2.4. If the project benefit calculations depend on sales of energy to any outside purchaser, a copy of the energy purchase agreement must be included with the application.

5.2.8. Preferred Method of Repayment. Qualified School Districts shall state the term and payment schedule that best fits their necessities.

5.2.9. An explanation of how the Qualified School District shall use the Renewable Energy Project(s) or Energy Efficiency Project(s) to educate the students in the Qualified School District about renewable energy and energy efficiency.

5.2.10. Certification. Every application must contain the signatures of the Qualified School District superintendent.

5.2.10.1. An application for a project at a charter school must include signatures of the Qualified School District superintendent, charter school board officer, and the charter school director;

5.2.11. Any other information that the Office may require for the evaluation of the project.

5.3. In order to apply, a Qualified School District shall also provide the following information:

5.3.1. For Renewable Energy Projects: An Energy Rating for the Facility for which the loan is intended that demonstrates that the Facility qualifies for the Federal Energy Star label, or meets the energy efficiency requirements set forth in § 22-32-124.3, C.R.S. OR

5.3.2. For Energy Efficiency Projects: An Energy Efficiency Plan that is created by the Applicant, in consultation with the Office, which includes:

5.3.2.1. A list of cost-effective energy-saving measures and programs that the Applicant will implement; and

5.3.2.2. Actions that the applicant will take to implement, monitor, review, and revise the energy efficiency plan.

1 CCR 301-85-5

38 CR 01, January 10, 2015, effective 1/30/2015