(a) Provide energy savings for real or personal property within the state inhabited as the principal residence of a tenant, including:
(A) Nonowner occupied single family dwellings; and
(B) Multiple unit residential housing; or
(b) Provide long-term energy savings from the use of renewable resources or conservation of energy resources.
(2) The Director of the State Department of Energy shall establish by rule a tiered priority system to be used in evaluating applicants for certification of facilities using or producing renewable energy resources. The tier system shall be based upon the projected costs of facilities. In determining the eligibility for tax credits and in allocating the available certified cost pursuant to section 2 (1), chapter 76, Oregon Laws 2010, among facilities, the director shall subject facilities with higher projected costs to closer scrutiny, shall compare projects of similar costs against each other and may certify less than the total cost of any facility based on this evaluation. The director may employ criteria including the following factors as defined by rule:
(a) Technology-specific energy production standards;
(b) Market sector;
(c) Delivery of energy into existing distribution and transmission network;
(d) Investment payback period;
(e) Expected lifespan of the facility;
(f) Potential for long-term viability;
(g) Environmental standards established by the director;
(h) Potential to create and sustain new jobs;
(i) Projected siting in a location that is geographically or socioeconomically advantageous;
(j) Demonstrated readiness to begin implementation;
(k) Amount and quality of energy generated;
(L) Strength of business plan;
(m) Provision of operations and maintenance data, with appropriate protections for trade secrets consistent with ORS chapter 192;
(n) Connection to existing infrastructure;
(o) Third-party review of the applicant’s business plan; or
(p) Data related to projected return on investment. [Formerly 469.195]
Structure 2021 Oregon Revised Statutes
Volume : 13 - Housing, Games, Environment
Chapter 469B - Energy Incentives; Tax Credits; Grants
Section 469B.100 - Definitions for ORS 469B.100 to 469B.118; rules.
Section 469B.103 - Criteria; federal standards; rules.
Section 469B.112 - Ineligible devices; rules.
Section 469B.115 - Performance assumptions and prescriptive measures for tax credits.
Section 469B.130 - Definitions for ORS 469B.130 to 469B.169 and 469B.171; rules.
Section 469B.136 - Priority given to certain projects; criteria; rules.
Section 469B.151 - Tax credit for rental housing units; eligibility.
Section 469B.154 - Transferability of rental housing unit tax credit; rules.
Section 469B.161 - Final certification; eligibility; contents of application.
Section 469B.167 - Certificate required for tax credits; certification not to exceed five years.
Section 469B.169 - Suspension or revocation of certificate; forfeiture of tax credits; collection.
Section 469B.171 - Assistance with facility purchase for investor-owned utility customers.
Section 469B.250 - Definitions for ORS 469B.250 to 469B.265.
Section 469B.253 - Application for grant; fees.
Section 469B.256 - Grant award; performance agreement; denial; limitations; forfeiture.
Section 469B.270 - Definitions for ORS 315.331 and 469B.270 to 469B.306.
Section 469B.273 - Preference given to certain projects; criteria.
Section 469B.279 - Standards for energy conservation projects; rules.
Section 469B.294 - Fees for certification or recertification; rules.
Section 469B.298 - Recertification of eligibility.
Section 469B.300 - Suspension or revocation of certificate or portion of certificate.
Section 469B.320 - Definitions for ORS 315.336 and 469B.320 to 469B.347.
Section 469B.323 - Transferability of project tax credit; determination of prices; rules.
Section 469B.332 - Final certification; eligibility; contents of application; rules.
Section 469B.338 - Certificate required for tax credits; certification not to exceed five years.
Section 469B.341 - Suspension or revocation of certificate or portion of certificate.
Section 469B.344 - Limitation on amount of potential tax credits for transportation projects.
Section 469B.400 - Fuel blends and solid biofuels; qualification for tax credits; rules.
Section 469B.403 - Biomass; eligibility for tax credits; rates.
Section 469B.991 - Civil penalty when contractor certificate revoked.