Md. Code Regs. 14.26.01.08

Current through Register Vol. 51, No. 24, December 2, 2024

Section 14.26.01.08 - Evaluation Criteria

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.

Md. Code Regs. 14.26.01.08

Regulation .08 amended as an emergency provision effective 41:15 Md. R. 888, eff.7/1/2014
Regulations .08 amended effective 41:19 Md. R. 1082, eff.9/29/2014