Rules and Regulations for the Renewable Energy Development Fund Including Municipal Renewable Energy Investment Program and the Non-Profit Affordable Housing Renewal Energy Investment Program
870-5470 INACTIVE RULE
| Title | 870 | Commerce Corporation |
| Chapter | XXX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
| Subchapter | XX | Old Regulations Which Were Not Assigned Chapter-Subchap-Part |
| Part | 5470 | Rules and Regulations for the Renewable Energy Development Fund Including Municipal Renewable Energy Investment Program and the Non-Profit Affordable Housing Renewal Energy Investment Program |
| Type of Filing | Repeal |
| Regulation Status | Inactive |
| Effective | 01/08/2013 |
Regulation Authority:
RIGL 42-64-13, RIGL 39-2-1.2 and RIGL 39-26-7
Purpose and Reason:
The Rules set forth the funding criteria utilized by the Corporation in connection with the Renewable Energy Development Fund and related programs mandated by applicable legislation. Specifically, the Corporation will receive applications for funding the renewable energy projects and consider them in the context of criteria including but not limited to technical feasibility, amount of generated renewable energy, cost per kilowatt and financial viability of the project. The Fund and related programs may be used for technical feasibility analysis, municipal renewable energy investment and non−profit afforable housing development, as well as other renewable energy projects as determined by the Corporation.
