21 chapters · 2,097 sections in this title.
ORS 470.050 Definitions
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As used in this chapter, unless the context requires otherwise: (1) Alternative fuel project means: (a) Equipment, including vehicles that are not used primarily for personal, family or household purposes, that is modified or acquired directly from a factory and that: (A) Uses …
ORS 470.060 Application for financing; content; fee
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(1) The following may file with the State Department of Energy an application to obtain moneys for a small scale local energy project as provided in this chapter: (a) An individual who is an Oregon resident; (b) An Oregon business; (c) A nonprofit or public cooperative; (d) A non…
ORS 470.065 Confidentiality of information provided by or on behalf of applicant
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(1) The following records, communications and information furnished by or on behalf of the applicant under this chapter shall be confidential and maintained as such, if so requested in writing by the person providing the information: (a) Personal financial statements; (b) Financi…
ORS 470.070 Small Scale Local Energy Project Advisory Committee
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(1) The Director of the State Department of Energy shall appoint a Small Scale Local Energy Project Advisory Committee to review applications made under ORS 470.060 and rules adopted under ORS 470.080, other than applications for energy efficiency and sustainable technology loans…
ORS 470.080 Standards for small scale local energy projects; rules; review of applications; referral to committee; committee criteria
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(1) After consultation with the Small Scale Local Energy Project Advisory Committee, the Director of the State Department of Energy shall establish by rule standards and criteria for small scale local energy projects to be funded under this chapter other than projects funded thro…
ORS 470.090 Approval or rejection of project financing by director; certification of amount of loan; findings; notice
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(1) After consideration of the recommendation of the Small Scale Local Energy Project Advisory Committee or the State Department of Energy as provided by ORS 470.080, the Director of the State Department of Energy may approve or reject the financing of a small scale local energy …
ORS 470.100 Committee review of rejection or approval in different amount; committee appeal to Governor; finality of Governors action
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(1) If the Director of the State Department of Energy rejects a loan application or approves a loan amount different than that requested by the applicant, the applicant may request that the Small Scale Local Energy Project Advisory Committee review the directors action. (2) The …
ORS 470.110 Gifts credited to Small Scale Local Energy Project Loan Fund
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The Director of the State Department of Energy may accept gifts of money or other property from any source, given for the purposes of ORS 470.050 to 470.120, 470.140 and 470.150 to 470.210. Money so received shall be paid into the Small Scale Local Energy Project Loan Fund. Money…
ORS 470.120 Limit on loan to amount not funded by other sources
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If the applicant receives from any source other than the Small Scale Local Energy Project Loan Fund, the Energy Project Supplemental Fund or the Energy Project Bond Loan Fund any moneys to assist in the development of the project, the amount of the loan to the applicant from the …
ORS 470.130 Appropriation of Small Scale Local Energy Project Loan Fund
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All moneys in the Small Scale Local Energy Project Loan Fund created by Article XI-J of the Oregon Constitution are appropriated continuously to the State Department of Energy and shall be used for the purposes authorized under this chapter. [1979 c.672 §16; 2003 c.186 §61; 2009 …
ORS 470.135 Administration of small scale local energy project loan program funds and accounts
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The duties of the Director of the Oregon Department of Administrative Services to establish, maintain and keep accounts of, and make disbursements or transfers out of, the funds and accounts established or identified in the two bond indentures, as supplemented, dated June 1, 1981…
ORS 470.140 Rulemaking authority
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In accordance with the applicable provisions of ORS chapter 183, the Director of the State Department of Energy may adopt rules considered necessary to carry out the purposes of this chapter. [1979 c.762 §§13,27; 2003 c.186 §63; 2009 c.753 §63; 2025 c.91 §2]
ORS 470.145 State Department of Energy to develop marketing plan
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The State Department of Energy shall develop, implement and periodically update a marketing plan to inform potential applicants of the availability of small scale local energy project loans. The first priority of the marketing plan shall be to inform individuals and small busines…
ORS 470.150 Loan contract; security; content
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Except as provided in ORS 470.155 and 470.170, if the Director of the State Department of Energy approves the financing of a small scale local energy project, the director, on behalf of the state, and the applicant may enter into a loan contract, secured by a first lien or by oth…
ORS 470.155 Loan contract in form of intergovernmental agreement; provisions
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A loan contract with an eligible state agency for a small scale local energy project may be made in the form of an intergovernmental agreement under ORS chapter 190. The agreement shall set forth, among other matters, that: (1) The small scale local energy project shall be securi…
ORS 470.160 Payment from loan funds
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If the Director of the State Department of Energy approves a loan for a small scale local energy project, the State Treasurer shall pay moneys for such project from the Small Scale Local Energy Project Loan Fund or Energy Project Bond Loan Fund in accordance with the terms of the…
ORS 470.170 Security for loan
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(1)(a) Except as otherwise provided in this subsection, when a loan is made under this chapter to an applicant other than a municipal corporation, the loan shall be secured pursuant to a mortgage, trust deed, security agreement, pledge, assignment or similar instrument, by a secu…
ORS 470.180 Withholding of state funds due to municipal corporation that defaults on loan
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In addition to any other remedy available to the State Department of Energy, if a municipal corporation entitled by law to share in the apportionment of any state revenues or funds defaults on any payments due to the State of Oregon under a loan contract entered into under ORS 47…
ORS 470.190 Remedies
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If an applicant fails to comply with a contract entered into with the Director of the State Department of Energy for development and repayment as provided in ORS 470.150 or 470.645, the director, in addition to remedies provided in ORS 470.170 and 470.180, may seek other appropri…
ORS 470.200 Refinancing of project; use of funds
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If any small scale local energy project is refinanced or an additional grant or loan intended to finance the project development is obtained from other sources after the execution of the loan from the state, all such funds shall be used to repay the state unless the Director of t…
ORS 470.210 Municipal corporation may enter into loan contract; purchase of municipal corporations general or revenue obligation
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(1) Notwithstanding any other provision of law, a municipal corporation may enter into a loan contract with the State Department of Energy to finance a small scale local energy project. (2) In order to finance a small scale local energy project, the Director of the State Departme…
ORS 470.220 Issuance of bonds
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In order to provide funds for the purposes specified in Article XI-J of the Oregon Constitution, bonds may be issued as provided in ORS 470.220 to 470.290. [1979 c.672 §17; 1981 c.660 §23; 2005 c.201 §8]
ORS 470.225 Procedure for bond issuance
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The State Treasurer shall issue bonds described in ORS 470.220 to 470.290 in accordance with the applicable provisions of ORS chapter 286A. [2005 c.201 §2; 2007 c.783 §207]
ORS 470.230 Bond proceeds credited to Small Scale Local Energy Project Loan Fund; use of funds
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Except as provided in ORS 470.270, all moneys obtained from the sale of general obligation bonds under ORS 470.220 to 470.290 and Article XI-J of the Oregon Constitution shall be credited by the State Treasurer to the Small Scale Local Energy Project Loan Fund. Those moneys shall…
ORS 470.240 General obligation bonds to include promise to pay principal amount
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All general obligation bonds issued under ORS 470.220 to 470.290 and Article XI-J of the Oregon Constitution shall contain a direct promise of the State of Oregon to pay the principal amount of the bonds, plus any accrued interest and any redemption premium. The principal of and …
ORS 470.270 General obligation refunding bonds
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(1) After consultation with the State Treasurer, the Director of the State Department of Energy may issue general obligation refunding bonds for the purpose of refunding outstanding bonds issued under ORS 470.220 to 470.290 and Article XI-J of the Oregon Constitution. The refundi…
ORS 470.280 General obligation bond repayment from sinking fund
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(1) The State Treasurer shall make payment of the principal of and the interest and redemption premium, if any, on any general obligation bond issued under ORS 470.220 to 470.290 from the Small Scale Local Energy Project Administration and Bond Sinking Fund. (2) The State Treasur…
ORS 470.290 Bond indebtedness limited to constitutional limit
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No bonds shall be issued or sold under ORS 470.220 to 470.290 nor indebtedness incurred thereunder, which singly, or in the aggregate with previous debts or liabilities incurred for small scale local energy projects, shall exceed any limitation provided in the Oregon Constitution…
ORS 470.300 Small Scale Local Energy Project Administration and Bond Sinking Fund; uses; sources
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(1) There hereby is created the Small Scale Local Energy Project Administration and Bond Sinking Fund, separate and distinct from the General Fund, to provide for payment of: (a) Administrative expenses of the State Department of Energy and the Director of the State Department of…
ORS 470.310 Procedure if sinking fund inadequate
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(1) If there are insufficient funds in the Small Scale Local Energy Project Administration and Bond Sinking Fund to make the payments referred to in ORS 470.300 (1), the Director of the State Department of Energy may request the funds necessary for such payments from the Legislat…
ORS 470.500 Goals
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(1) The Director of the State Department of Energy shall administer the energy efficiency and sustainable technology loan program for the purpose of providing financing, promotion and technical support to encourage significant investments in energy efficiency, renewable energy an…
ORS 470.505 Delay or suspension of program
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Notwithstanding any other provision of this chapter, if the Director of the State Department of Energy determines that the State Department of Energy is unable to issue a sufficient number of energy efficiency and sustainable technology loans to offset the reasonable cost to the …
ORS 470.510 State Department of Energy may enter contracts for loan issuance; financing of loans; consent of utility
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(1) Except as provided in subsection (3) of this section, the State Department of Energy may enter into contracts for the issuance of energy efficiency and sustainable technology loans. Except as provided in ORS 470.700, the department shall finance the loans using moneys from th…
ORS 470.515 Rules
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The Public Utility Commission may adopt rules for carrying out the duties, functions and powers of the commission and the Public Purpose Fund Administrator under ORS 470.500 to 470.710. [2009 c.753 §4]
ORS 470.520 State Department of Energy may contract for performance of duties
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The State Department of Energy may contract for persons to perform the duties of the department under ORS 470.500 to 470.710 including, but not limited to, the development of standardized base efficiency packages and standardized optional packages, energy efficiency and sustainab…
ORS 470.525 Quarterly report
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(1) The State Department of Energy shall send a quarterly report to the Small Scale Local Energy Project Advisory Committee. The report shall include, but need not be limited to, a summary of: (a) The total amount of energy efficiency and sustainable technology loans issued; (b) …
ORS 470.530 Qualifications; duties; certification program
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(1) Except as provided in subsection (5) of this section, the Director of the State Department of Energy may establish qualifications for sustainable energy project managers and may exercise oversight to ensure compliance with those qualifications. A sustainable energy project ma…
ORS 470.535 Applications for certification as project manager; selection factors
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(1) The Director of the State Department of Energy shall initiate the certification process for a sustainable energy project manager by publishing a request for proposals. (2) An applicant for certification as a sustainable energy project manager shall submit information to the d…
ORS 470.540 State Department of Energy to notify unsuccessful applicants; time- table for certification of project manager
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(1) Upon selecting a proposed sustainable energy project manager, the Director of the State Department of Energy shall notify all unsuccessful applicants for the position that another candidate is proposed for appointment. The director shall negotiate with the proposed sustainabl…
ORS 470.545 Appeal of certification decision; fee
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(1) A person that believes a decision of the Director of the State Department of Energy to certify a sustainable energy project manager is inconsistent with applicable rules or statutes may file a request to appeal with the Small Scale Local Energy Project Advisory Committee. Unl…
ORS 470.550 Term of certification of project manager; certification approval letter; conditions for termination of certification
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(1) Unless the sustainable energy project manager is the Public Purpose Fund Administrator or a consumer-owned utility, the certification of a sustainable energy project manager shall be for a five-year term. The Director of the State Department of Energy shall issue the sustaina…
ORS 470.555 Project managers; contract with qualified third parties; coordination
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(1) The Public Purpose Fund Administrator shall be the sustainable energy project manager for investor-owned electric utilities. The Public Purpose Fund Administrator shall inform the Public Utility Commission and the State Department of Energy of the activities of the administra…
ORS 470.560 Rules; certification standards; provision for preferred service providers
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(1) The State Department of Energy shall adopt rules establishing certification standards for primary contractors participating in the construction of small scale local energy projects financed through the energy efficiency and sustainable technology loan program. The department …
ORS 470.565 Loan applicant request for energy savings projection; processing of loan applications
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(1) At the request of a loan applicant, a primary contractor that is authorized to participate in the construction of small scale local energy projects financed through the energy efficiency and sustainable technology loan program may conduct an energy savings projection or simil…
ORS 470.570 Energy Project Supplemental Fund; sources; uses
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(1) The Energy Project Supplemental Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Energy Project Supplemental Fund shall be credited to the Energy Project Supplemental Fund. (2) The Energy Project Supplemental Fund …
ORS 470.575 Jobs, Energy and Schools Fund; sources; uses
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(1) The Jobs, Energy and Schools Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Jobs, Energy and Schools Fund shall be credited to the Jobs, Energy and Schools Fund. Moneys in the fund are continuously appropriated t…
ORS 470.580 Energy Project Bond Loan Fund; sources; uses
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(1) The Energy Project Bond Loan Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Energy Project Bond Loan Fund shall be credited to the fund. (2) The fund shall consist of: (a) Net proceeds from the issuance of revenu…
ORS 470.585 Energy Revenue Bond Repayment Fund; uses
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(1) The Energy Revenue Bond Repayment Fund is established in the State Treasury, separate and distinct from the General Fund. Interest earned by the Energy Revenue Bond Repayment Fund shall be credited to the fund. Moneys in the fund may be invested as provided in ORS 293.701 to …
ORS 470.590 Proposals; selection
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The State Department of Energy may request proposals for and select one or more financial managers for the energy efficiency and sustainable technology loan program. The function of a financial manager is: (1) To assist in energy efficiency and sustainable technology loan program…
ORS 470.595 Investment with financial manager; rate of return
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Private utilities and other private entities may invest capital with an energy efficiency and sustainable technology loan program financial manager for use in carrying out the loan program. The Public Utility Commission may establish a reasonable rate of return that a financial m…