C.M.R. 95, 648, ch. 5 - COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY (C-PACE) PROGRAM REGULATIONS

  1. § 648-5-1 - SCOPE
  2. § 648-5-2 - DEFINITIONS
  3. § 648-5-3 - PROGRAM ADMINISTRATION
  4. § 648-5-4 - PROGRAM GUIDELINES
  5. § 648-5-5 - ENERGY SAVINGS IMPROVEMENTS
  6. § 648-5-6 - UNDERWRITING STANDARDS
  7. § 648-5-7 - REGISTERED CAPITAL PROVIDERS
  8. § 648-5-8 - PREPARING AND APPROVING C-PACE LOAN APPLICATIONS
  9. § 648-5-9 - PURCHASES, DISBURSEMENTS, AND PROPERTY RIGHTS
  10. § 648-5-10 - COLLECTION OF C-PACE ASSESSMENTS, RECORDING OF LIENS
  11. § 648-5-11 - QUALITY ASSURANCE SYSTEM
  12. § 648-5-12 - WAIVER
  13. § 648-5-13 - FISCAL IMPACT NOTE

SUMMARY: The purpose of this rule is to establish elements of a commercial property assessed clean energy (C-PACE) Program in Maine. The rule enumerates underwriting standards, quality assurance provisions, and how the program will be administered, whether administered by Efficiency Maine Trust (or its agent) or by a municipality, as provided by the Commercial Property Assessed Clean Energy Act (35-A M.R.S. §§10201, et seq.).

Notes

C.M.R. 95, 648, ch. 5
EFFECTIVE DATE:
This rule was approved as to form and legality by the Attorney General on February 7, 2023. It was filed with the Secretary of State on February 13, 2023 and became effective on 2/18/2023- ( filing 2023- 023).

STATUTORY AUTHORITY: 5 M.R.S.A. §12004- G(10-c); 35-A M.R.S.A. §10105(5); 35-A M.R.S.A. §10201 , et seq.

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