No. 36702 (5-year Review): Rule R362-3. Energy Efficiency Fund

DAR File No.: 36702
Filed: 08/30/2012 02:36:35 PM

NOTICE OF REVIEW AND STATEMENT OF CONTINUATION

Concise explanation of the particular statutory provisions under which the rule is enacted and how these provisions authorize or require the rule:

Pursuant to Section 11-45-204, the Office of Energy Development shall make rules establishing criteria, procedures, priorities, and conditions for the award of loans from the Energy Efficiency Fund.

Summary of written comments received during and since the last five-year review of the rule from interested persons supporting or opposing the rule:

Neither the Office of Energy Development, nor the Utah Geological Survey where the rule was formerly housed, has received any written comments supporting or opposing the rule.

Reasoned justification for continuation of the rule, including reasons why the agency disagrees with comments in opposition to the rule, if any:

This rule should be continued because in the absence of it the newly rebranded U-Save Loan Program would not have the legal and administrative framework that it requires in order to be carried out responsibly. Indeed, the rule is an invaluable guide both due to its clear and concise definitions, as well as its detailed delineation of loan qualification criteria and loan fund application and administration processes. The Energy Efficiency Fund for which this rule is the guiding document is both a remarkably popular and beneficial tool, and promises to be even more so moving forward. From an economic development and revenue generation perspective, by lowering the cost associated with adopting efficiency measures for local governments and schools, the Energy Efficiency Fund helps to reduce monthly utility costs for those critical public entities, who may then put those funds to work better serving Utahans. Without this rule, the Energy Efficiency Fund would lack the detailed legal underpinnings that it absolutely requires in order to operate as intended.

The full text of this rule may be inspected, during regular business hours, at the Division of Administrative Rules, or at:

Governor
Energy Development (Office of)
60 E SOUTH TEMPLE 3RD FLR
Salt Lake City, UT 84111

Direct questions regarding this rule to:

• Jeffrey Barrett at the above address, by phone at 801-739-5191, by FAX at , or by Internet E-mail at [e-mail]

Authorized by:

Jeffrey Barrett, Infrastructure and Incentives Manager

Effective:

08/30/2012

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