Loans shall be made available only for the purchase and installation of one (1) or more energy efficiency, renewable energy and/or clean energy technology measures on projects that have been identified as having either a simple economic payback of ten (10) years or less or a positive net present value.

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. Administrative History: Original rules filed January 17, 2017; effective April 17, 2017. Rule renumbered from 0500-03-04.