(1)
In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the office shall make rules to determine:
(a)
eligibility for a loan; and
(b)
priorities among energy efficiency projects.
(2)
When making a rule to determine priorities among energy efficiency projects, the office may consider the following:
(a)
possible additional sources of revenue;
(b)
feasibility and practicality of an energy efficiency project;
(c)
energy savings;
(d)
annual energy cost savings;
(e)
projected energy cost payback;
(f)
financial need of the public facility owner;
(g)
environmental and other benefits to the state and local community; and
(h)
availability of federal funds.