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Section: 067.2820 Program authorized, requirements--application process--audit may be required. RSMO 67.2820


Published: 2015

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Missouri Revised Statutes













Chapter 67

Political Subdivisions, Miscellaneous Powers

←67.2815

Section 67.2820.1

67.2825→

August 28, 2015

Program authorized, requirements--application process--audit may be required.

67.2820. 1. Any clean energy development board may establish a

property assessed clean energy program to finance energy efficiency

improvements or renewable energy improvements. A property assessed clean

energy program shall consist of a program whereby a property owner may

apply to a clean energy development board to finance the costs of a project

through annual special assessments levied under an assessment contract.



2. A clean energy development board may establish application

requirements and criteria for project financing approval as it deems

necessary to effectively administer such program and ration available

funding among projects, including but not limited to requiring projects to

meet certain energy efficiency standards.



3. Clean energy development boards shall ensure that any property

owner approved by the board to participate in a property assessed clean

energy program or clean energy conduit financing under sections 67.2800 to

67.2835 shall have good creditworthiness or shall otherwise be considered a

low risk for failure to meet the obligations of the program or conduit

financing.



4. A clean energy development board may require an initial energy

audit conducted by a qualified home energy auditor as defined in

subdivision (4) of subsection 1 of section 640.153 as a prerequisite to

project financing through a property assessed clean energy program as well

as inspections to verify project completion.



(L. 2010 H.B. 1692, et al.)







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