Rural energy savings program

7 U.S. Code § 8107a. Rural energy savings program

(a) Purpose
The purpose of this section is to help rural families and small businesses achieve cost savings by providing loans to qualified consumers to implement durable cost-effective energy efficiency measures.
(b) DefinitionsIn this section:
(1) Eligible entityThe term “eligible entity” means—
(A)
any public power district, public utility district, or similar entity, or any electric cooperative described in section 501(c)(12) or 1381(a)(2) of title 26, that borrowed and repaid, prepaid, or is paying an electric loan made or guaranteed by the Rural Utilities Service (or any predecessor agency);
(B)
any entity primarily owned or controlled by 1 or more entities described in subparagraph (A); or
(C)
any other entity that is an eligible borrower of the Rural Utilities Service, as determined under section 1710.101 of title 7, Code of Federal Regulations (or a successor regulation).
(2) Energy efficiency measures
The term “energy efficiency measures” means, for or at property served by an eligible entity, structural improvements and investments in cost-effective, commercial technologies to increase energy efficiency (including cost-effective on- or off-grid renewable energy or energy storage systems).
(3) Qualified consumer
The term “qualified consumer” means a consumer served by an eligible entity that has the ability to repay a loan made under subsection (d), as determined by the eligible entity.
(4) Secretary
The term “Secretary” means the Secretary of Agriculture, acting through the Administrator of the Rural Utilities Service.
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