Application review and scoring.

CFR · 2024-01-01 · US · Title 7

The Agency will evaluate projects based on the cost, cost-effectiveness, and capacity of projects to reduce fossil fuels. The cost of the project will be taken into consideration in the context of each project's ability to economically produce energy from renewable biomass to replace its dependence on fossil fuels. Projects with higher costs that are less efficient will not score well. The scoring criteria are designed to evaluate projects on simple payback as well as the percentage of fossil fuel reduction. (a) (b) (1) (i) The simple payback period is calculated as follows: (ii) A maximum of 20 points will be awarded as follows: (A) If the anticipated simple payback is less than or equal to 4 years, award 20 points. (B) If the anticipated simple payback is greater than 4 years but less than or equal to 6 years, award 10 points. (C) If the anticipated simple payback will be greater than 6 years but less than or equal to 10 years, award 5 points. (D) If the anticipated simple payback will be greater than 10 years, award 0 points. (2) (i) Applicant demonstrates an anticipated annual reduction in fossil fuel use of 100 percent, award 35 points. (ii) Applicant demonstrates an anticipated annual reduction in fossil fuel use of at least 80 percent but less than 100 percent, award 25 points. (iii) Applicant demonstrates an anticipated annual reduction in fossil fuel use of at least 60 percent but less than 80 percent, award 15 points. (iv) Applicant demonstrates an anticipated annua

official document · source cfr-2024 · id 7:§ 4288.21