2015 Oregon Revised Statutes
Volume : 11 - Public Health, Housing, Environment
Chapter 470 - Small Scale Local Energy Projects
Section 470.675 - Cost eligibility for ratemaking purposes; loan repayment charges.
(1) If a utility incurs reasonable costs in implementing an on-bill financing system that exceed any moneys received by the utility to assist in the implementation, the costs are legitimate costs for ratemaking purposes.
(2) A loan repayment charge for an energy efficiency and sustainable technology loan may include, but need not be limited to, the amount of the loan, interest on the loan and the cost incurred by the State Department of Energy to implement, promote and administer the energy efficiency and sustainable technology loan program.
(3) The amount of an energy efficiency and sustainable technology loan repayment and any moneys received by a utility to assist in the implementation of an on-bill financing system are not gross revenue for purposes of calculating franchise fees or other regulatory assessments.
[2009 c.753 §35; 2013 c.8 §12]
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