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Renewable Energy Project Bond Program

Date Last Updated11/16/2012
Incentive TypeBond
State/FederalID
Incentive Administrator/Contact OfficeIdaho Energy Resources Authority
Incentive Initiation Date4/6/2005
Incentive Size and Funding SourceSenate Bill 1192 allows independent (non-utility) developers of renewable energy projects in the state to request financing from the Idaho Energy Resources Authority, a state bonding authority created in March 2005 through the Environment, Energy and Technology Energy Resources Authority Act (House Bill 106). The size of projects funded ranges from $25 million to hundreds of millions of dollars. The interest on the bond varies depending on the credit worthiness of the borrower.
Eligible RecipientIndependent (non-utility) developers of renewable energy projects in Idaho are eligible for financing opportunities, even if facilities are not "qualifying facilities" under the federal Public Utility Regulatory Policies Act of 1978 (PURPA).
Eligible FuelDoes Not Specify
Eligible Project Size (MW)Does Not Specify
Minimum Efficiency Required (%)Does Not Specify
Other Selected Eligibility CriteriaFor the purposes of this program, renewable energy is defined as "a source of energy that occurs naturally, is regenerated naturally, or uses as a fuel source a waste product or byproduct from a manufacturing process including, but not limited to, open or closed-loop biomass, fuel cells, geothermal energy, waste heat, cogeneration, solar energy, water power and wind."
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