Oklahoma § 19-460.4 - Trustees - County Energy District Authority - Duties

§ 19-460.4. Trustees - County Energy District Authority - Duties

The trustees of a County Energy District Authority shall:

1. Manage and conduct the business and affairs of the

authority;

2. Make and execute all necessary contracts;

3. Secure funding through sources which may include:

a.

issuance of notes or bonds,

b.

public or private lenders, or

Oklahoma Statutes - Title 19. Counties and County Officers

c.

grants or loans from other governmental entities when

such funds are available; and

4. Authorize the county to make loans or grants between a

willing and consenting property owner and the authority or a

financial institution for the following purposes:

a.

to finance the installation of distributed generation

renewable energy sources,

b.

to make energy efficient improvements or retrofits

that are permanently affixed to residential,

commercial, or industrial property,

c.

to conduct residential and commercial building energy

audits, and

d.

to establish financial incentive programs for energy

efficient improvements.

Added by Laws 2009, c. 122, § 4, emerg. eff. April 28, 2009.