CFR > Title 7 - Agriculture > SUBTITLE B—Regulations of the Department of Agriculture > CHAPTER XLII—RURAL BUSINESS-COOPERATIVE SERVICE AND RURAL UTILITIES SERVICE, DEPARTMENT OF AGRICULTURE (parts 4274 to 4290) > PART 4280—LOANS AND GRANTS > SUBPART B—Renewable Energy Systems and Energy Efficiency Improvements Program (§4280.101 to §4280.200) > 4280.108—Project eligibility.

4280.108—Project eligibility.

For a renewable energy system or energy efficiency improvement project to be eligible to receive a grant or loan under this subpart, the proposed project must meet each of the criteria, as applicable, in paragraphs (a) through (g) of this section.
(a) The project must be for the purchase of a renewable energy system or to make energy efficiency improvements.
(b) The project must be for a pre-commercial or commercially available, and replicable technology.
(c) The project must have technical merit, as determined using the procedures specified in § 4280.112(d).
(d) The project must be located in a rural area, as defined in § 4280.103.
(e) The applicant must be the owner of the project and control the revenues and expenses of the project, including operation and maintenance. A third-party under contract to the owner may be used to control revenues and expenses and manage the operation and/or maintenance of the project.
(f) Sites must be controlled by the agricultural producer or small business for the financing term of any associated Federal loans or loan guarantees.
(g) Satisfactory sources of revenue in an amount sufficient to provide for the operation, management, maintenance, and debt service of the project must be available for the life of the project.