Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 7 - Agriculture |
Subtitle B - Regulations of the Department of Agriculture |
Chapter XVII - Rural Utilities Service, Department of Agriculture |
Part 1710 - General and Pre-Loan Policies and Procedures Common to Electric Loans and Guarantees |
Subpart H - Energy Efficiency and Conservation Loan Program |
§ 1710.364 - Loan limits.
Latest version.
-
Cumulative loans DSM activities at the time of loan approval for, including energy conservation programs and off-grid renewable energy systems, shall not exceed the lesser of:
(a) Twenty percent of the borrower's equity at the time of the loan or any time during amortization of the loan; or
(b) An amount approved for such purposes in a final non-appealable order by the applicable regulatory body for inclusion in the borrower's rate base.