RES and EEI grant funding.

CFR · 2024-01-01 · US · Title 7

(a) (1) (2) (3) (b) (1) Without specific statutory authority, other Federal grant funds cannot be used to meet the matching funds requirement. A copy of the statutory authority must be provided to the Agency to verify if the other Federal grant funds can be used to meet the matching funds requirement under this subpart. (2) Passive third-party equity contributions are acceptable for RES projects, including equity raised from the sale of Federal tax credits. (c) (1) Purchase and installation of new or refurbished equipment. (2) Construction, retrofitting, replacement, and improvements. (3) EEI identified by vendor/installer certification or in the applicable energy assessment or energy audit. (4) Fees for construction permits and licenses and fees required by an interconnection agreement. (5) Professional service fees related to the project for qualified consultants, contractors, installers, and other third-party services. (6) For an eligible RES in which a residence is closely associated with the rural small business or agricultural operation the installation of a second meter to separate the residence from the portion of the project that benefits the rural small business or agricultural operation, as applicable. (d) (1) Costs for agricultural tillage equipment, used equipment, and vehicles; (2) Construction or equipment costs that would be incurred regardless of the installation of a RES or EEI. (3) Lease payments, including lease to own or capitalized leases; (4) Any projec

official document · source cfr-2024 · id 7:§ 4280.115