R362-5-5. C-PACE District Administration

Related Notices
- No. 43419 (New Rule): Rule R362-5. Commercial Property Assessed Clean Energy (C-PACE) Administrative Rules
- No. 43419 (New Rule): Rule R362-5. Commercial Property Assessed Clean Energy (C-PACE) Administrative Rules

Latest version.

  (1) OED is authorized to administer C-PACE projects in participating local entities.

  (a) Participating local entities must make a written request of the C-PACE District to create the energy assessment area and energy assessment lien.

  (b) The written request consists of a resolution passed by the local entity's governing body and a participation agreement executed by the local entity's administration.

  (2) OED maintains an agreement with the relevant public electrical utility that establishes the scope of the eligible improvement(s) financed by C-PACE.

                    
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