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Code · U.S. Code · Title 7 - AGRICULTURE · CHAPTER 31— RURAL ELECTRIFICATION AND TELEPHONE SERVICE · SUBCHAPTER III— RURAL ELECTRIC AND TELEPHONE DIRECT LOAN PROGRAMS · § 940g

§ 940g. Electric loans for renewable energy

210 words·~1 min read·/usc/title-7/section-940g

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(a)Definition of renewable energy source In this section, the term “renewable energy source” means an energy conversion system fueled from a solar, wind, hydropower, biomass, or geothermal source of energy.
(b)Loans In addition to any other funds or authorities otherwise made available under this chapter, the Secretary may make electric loans under this subchapter for electric generation from renewable energy resources for resale to rural and nonrural residents.
(c)Rate The rate of a loan under this section shall be equal to the average tax-exempt municipal bond rate of similar maturities.
(May 20, 1936, ch. 432, title III, § 317, as added Pub. L. 110–234, title VI, § 6108, May 22, 2008, 122 Stat. 1198, and Pub. L. 110–246, § 4(a), title VI, § 6108, June 18, 2008, 122 Stat. 1664, 1959.)
Connections13 cite this · traces to 1
9 references not yet in our index
  • May 20, 1936, ch. 432
  • Pub. L. 110–234, title VI, § 6108
  • 122 Stat. 1198
  • Pub. L. 110–246, § 4(a)
  • 122 Stat. 1664
  • Pub. L. 110–234
  • Pub. L. 110–246
  • section 4(a) of Pub. L. 110–246
  • section 4 of Pub. L. 110–246
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§ 940g
Electric loans for renewable energy
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Fed. Reg.×3
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ActMay 20, 1936, ch. 432
Pub. L.Pub. L. 110–234, title VI, § 6108
Stat.122 Stat. 1198
Pub. L.Pub. L. 110–246, § 4(a)
Stat.122 Stat. 1664
Cites 10 · showing 6Cited by 13 across 6 sources
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