2011 ORS § 470.565¹
Loan applicant request for energy savings projection
  • processing of loan applications

(1) At the request of a loan applicant, a contractor that is authorized to participate in the construction of small scale local energy projects financed through the energy efficiency and sustainable technology loan program may conduct an energy savings projection or similar evaluation for a property and conduct post-project verifications of energy savings in a sustainable energy territory that does not have a sustainable energy project manager.

(2) The State Department of Energy shall process a loan application submitted by an applicant in a sustainable energy territory that does not have a project manager in the same manner as an application submitted through a project manager.

(3) The department may approve an energy efficiency and sustainable technology loan for property located in a sustainable energy territory that does not have a project manager if:

(a) On-bill financing is available to the loan applicant through a local utility serving the benefited property; or

(b) The department and the loan applicant agree to an alternative method for ensuring repayment of the loan. [2009 c.753 §14]