Or. Admin. Code § 330-210-0020

Current through Register Vol. 63, No. 11, November 1, 2024

Section 330-210-0020 - Opportunity Announcement

(1) The department will announce the availability of tax credits for energy conservation projects by issuing an Opportunity Announcement.

(2) The department will continually monitor the allocation of tax credits to ensure that the total amount of potential tax credits does not exceed the tax credit caps specified in ORS 469B.303.

(3) If the cumulative total of all tax credits awarded under the Opportunity Announcement is less than the total amount of tax credits available, the department may reallocate the balance to future Opportunity Announcements, including between categories.

(4) The Opportunity Announcement will include the following information:

(a) Objectives for the opportunity period;

(b) The approximate amount of tax credits available;

(c) Application requirements, as defined in OAR 330-210-0050;

(d) Dates of the application opportunity period;

(e) Instructions and directions to the required application forms and materials;

(f) Minimum technical standards based on relevant industry standards used to conserve or reduce energy use;

(g) The criteria to be applied in prioritizing applications for tax credits, as described in OAR 330-210-0060;

(h) The date of the sunset of the program; and

(i) Other information the department considers necessary.

(5) The department may increase the amount of tax credits available for an Opportunity Announcement.

Or. Admin. Code § 330-210-0020

DOE 12-2011(Temp), f. & cert. ef. 12-23-11 thru 6-19-12; DOE 6-2012, f. & cert. ef. 6-19-12; DOE 4-2016, f. & cert. ef. 11/14/2016

Stat. Auth.: ORS 469.040, 469B.306

Stats. Implemented: ORS 469B.270 - 469B.306, 315.331