Iowa Administrative Code
Agency 261 - Economic Development Authority
Part XII - Energy Division
Chapter 405 - Alternate Energy Revolving Loan Program
Rule 261-405.5 - Eligible and Ineligible Costs

Universal Citation: IA Admin Code 261-405.5

Current through Register Vol. 47, No. 6, September 18, 2024

(1) Eligible costs. Examples of eligible costs include:

a. Real and personal property comprising a project;

b. Materials and equipment required for necessary site preparation, construction and installation of a project;

c. Labor for site preparation, construction and installation of a project. Only labor that is performed by a third party such as an independent contractor will be considered an eligible cost.

(2) Ineligible costs. Examples of ineligible costs include:

a. Feasibility studies;

b. Permits;

c. Administrative costs not associated with site preparation, construction and installation of a project;

d. Costs incurred prior to the board's approval of a loan;

e. Interconnection costs;

f. Costs associated with maintenance, operation or repair of a project; and

g. Other costs that the board determines to be ineligible.

Disclaimer: These regulations may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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