§ 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.