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PDFWAC 365-135-080

Criteria for state allocation and reallocation of qualified energy conservation bonds.

The following criteria will be used by the department to prioritize allocation and reallocation requests. Not all criteria need to be demonstrated in a single project:
(1) The extent to which the project demonstrates the potential to directly conserve energy.
(2) The extent to which the project supports the development or implementation of innovative energy conservation technology.
(3) The extent to which the project uses renewable resources to produce energy.
(4) The number of citizens benefiting from the project.
(5) The number of jobs created or retained by the project and the amount of qualified energy conservation bond authority per job created or retained.
(6) The readiness of the project to proceed.
(7) The likelihood that the issuer will use the allocation within the timelines.
(8) The amount of other public and private funding leveraged by the qualified energy conservation bond allocation.
(9) The amount of local community support for the project.
[Statutory Authority: Chapter 39.86 RCW, Executive Order 09-06, Federal American Recovery and Reinvestment Act of 2009, and Section 301(a) of Tax Extenders and Alternative Minimum Tax Relief Act of 2008, Division C of Pub. L. 110-343. WSR 10-07-128, ยง 365-135-080, filed 3/23/10, effective 4/23/10.]
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