S.D. Admin. R. 31:01:03:06

Current through Register Vol. 51, page 67, December 16, 2024

Section 31:01:03:06 - Loan approval

Applications shall be considered for loan approval upon completion of the administrative and technical review. Approval shall be based upon the following:

(1) Results of the administrative and technical review;

(2) Economic stability of the applicant;

(3) Demonstrated ability of the applicant to utilize the funds to implement the energy conservation measures; and

(4) Comparative standing among all applicants for funds available. Criteria will include payback, fuel type saved, and geographical location.

S.D. Admin. R. 31:01:03:06

14 SDR 183, effective 7/13/1988; transferred from § 20:13:03:06, 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.