OAR 330-069-0025: Maximum Payment Levels

(1) TAS: ODOE shall set the maximum payment to the owner for a TAS as the smaller of: (a) An amount equal to the actual cost of the TAS; or (b) An amount not to exceed $0.0108 times the building’s kWh/yr use at the time the EA is completed or updated. ODOE reserves the right to question and adjust the cost of a TAS. The actual payment will be set as per OAR 330-069-0085(2). (2) ECM: (a) ODOE shall set the maximum payment for an ECM as the smaller of: (A) An amount equal to the estimated cost of the ECM less the first year dollar savings stated in the TAS; or (B) An amount not to exceed $0.292 times the estimated first year kWh savings, less the first year dollar savings stated in the TAS. The final payment will also be subject to OAR 330-069-0085(3). (b) For projects that cost more than $10,000 but less than $200,000, progress payments may be made upon 30 percent, 60 percent, and 100 percent project completion, unless otherwise agreed to by the funding IOU and ODOE; (c) For projects that cost more than $200,000, progress payments may be made upon 30 percent, 60 percent, 80 percent, and 100 percent project completion, unless otherwise agreed to by the funding IOU and ODOE.