Eligible purposes.

CFR · 2024-01-01 · US · Title 7

(a) (2) RUS will determine whether a Borrower qualifies for the deferment on a case-by-case basis, considering such factors as the following: (i) Substantial unreimbursed or uninsured expenses relating to storm damage; (ii) Loss of large power load (as defined in § 1710.7(c)(6)(ii) of this chapter, Large retail power contracts); or (iii) Substantial loss of consumers or load due to hostile annexations and condemnations, without adequate compensation. (b) (i) Caulking; (ii) Weather-stripping; (iii) Heat pump systems (including water source heat pumps); (iv) Heat pumps, water heaters, and central heating or central air conditioning system replacements or modifications, which reduce energy consumption; (v) Ceiling insulation; (vi) Wall insulation; (vii) Floor insulation; (viii) Duct insulation; (ix) Pipe insulation; (x) Water heater insulation; (xi) Storm windows; (xii) Thermal windows; (xiii) Storm or thermal doors; (xiv) Electric system coordinated customer-owned devices that reduce the maximum kilowatt demand on the electric system; (xv) Clock thermostats; or (xvi) Attic ventilation fans. (2) ERC loans will be amortized over not more than 84 months, without penalty for prepayment of principal. (c) (i) Energy conversion technology; (ii) Electric power system interfaces; (iii) Delivery equipment; (iv) Control equipment; and (v) Energy consuming devices. (2) A Borrower may request that RUS defer principal payments for the purpose of enabling the Borrower to provide its consumers

official document · source cfr-2024 · id 7:§ 1721.104