Energy conservation projects for which the loans are desired must meet the following criteria:
(1) The building in which the measures are being installed must be in South Dakota;(2) The project must be consistent with the state energy conservation program plan required by 40 C.F.R. § 420 as published in 48 Fed. Reg. 39,356-39,364 (August 30, 1983);(3) The project must demonstrate the ability to conserve energy through efficient energy use or the utilization of renewable energy resources which results in energy savings based upon a net reduction in the use of nonrenewable resources;(4) The project must utilize existing, proven reliable technologies;(5) The project must show energy savings;(6) The project must demonstrate a simple payback period of 10 years or less, which may be subject to waiver in unusual circumstances;(7) The project must meet state air and water quality standards; and(8) The project must be recommended in a current technical analysis report as required by chapter 31:01:02.S.D. Admin. R. 31:01:03:02
14 SDR 183, effective 7/13/1988; transferred from § 20:13:03:02, 15 SDR 209, effective 7/9/1989; 19 SDR 148, effective 4/4/1993; 20 SDR 222, effective 7/5/1994.General Authority: SDCL 1-33B-15.
Law Implemented: SDCL 1-33B-15.
Surface water quality standards, ch 74:51:01. Drinking water standards, ch 74:04:05. Air pollution control program, art 74:36.