Rules & Regulations of the State of Tennessee
Title 0400 - Environment and Conservation
Subtitle 0400-60 - Office of Energy Programs
Chapter 0400-60-05 - Local Government Energy Efficiency Loan Program (Transferred from 0500-03-05)
Section 0400-60-05-.03 - DEFINITIONS

Universal Citation: TN Comp Rules and Regs 0400-60-05-.03

Current through September 24, 2024

The following definitions shall apply to these rules.

(1) "Applicant" means any county, metropolitan or municipal government that submits an application to TDEC for program loan funds.

(2) "Distressed County" means any county listed by the Department of Economic and Community Development as being economically distressed in accordance with criteria established by the Department of Economic and Community Development for county per capita income and average unemployment rate.

(3) "Energy Efficiency Measure" means any structural modification or equipment change out that reduces energy costs in a facility,

(4) "Local Government" means any Tennessee county, metropolitan or municipal government.

(5) "Net Present Value" means the dollar figure that is obtained by totaling the annual energy savings, which has been discounted at a rate equal to the loan interest rate as established by TDEC, and subtracting the total cost of the energy efficiency measure.

(6) "Program" means the Local Government Energy Efficiency Loan Program.

(7) "TDEC" means the Tennessee Department of Environment and Conservation.

Authority: T.C.A. §§ 4-3-510 through 4-3-515, 4-5-201 et seq., 11-1-101, and Governor Haslam's Executive Order Number 25.

Disclaimer: These regulations may not be the most recent version. Tennessee 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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