legal · go-v.org

Project eligibility.

CFR · 2024-01-01 · US · Title 7

For a project to be eligible to receive a RES or EEI grant under this subpart, the proposed project must meet each of the requirements specified in paragraphs (a) through (e) of this section. Subsequent EEI projects must meet (a) The project must be for: (1) The purchase of a new RES; (2) The purchase of a refurbished RES; (3) The retrofitting of an existing RES; (4) For the purposes of this subpart, only those hydroelectric sources with a rated power of 30 megawatts or less are eligible, or (5) Making an EEI that will allow less energy to be used on an annual basis than the original building and/or equipment being improved or replaced as provided in a vendor/installer certification or as demonstrated in an energy assessment or energy audit as applicable. (i) (A) Efficiency improvements to existing RES; and (B) Construction of a new energy efficient building only when the building is used for the same purpose as the existing building, and, based on an energy assessment or energy audit, as applicable, it will be more cost effective to construct a new building and will use less energy on annual basis than improving the existing building. (ii) (A) If the proposed EEI project would replace the same specific EEI equipment that had previously received funds under this subpart prior to the end of the useful life, as specified in the Financial Assistance Agreement, then the proposed improvement project, even if it is more energy efficient than the previously funded improvement, is in

official document · source cfr-2024 · id 7:§ 4280.113