W. Va. Code R. § 133-50-5

Current through Register Vol. XLI, No. 50, December 13, 2024

Section 133-50-5 - Eligibility Criteria

5.1. To be eligible for an energy and water savings loan an institution must:

5.1.1. Submit an application to the Commission in a form required by the Commission;

5.1.2. Specifically identify the energy and water conservation measure(s) the loan will finance; and

5.1.3. Demonstrate that the potential energy and water conservation measure(s) will generate sufficient savings to meet the payback requirements of this section.

5.2. The initial loans will be made for energy and water conservation measures that have a payback period of not more than ten years.

W. Va. Code R. § 133-50-5