(1) The Environmental Quality Commission by rule shall establish standards related to the certified cost necessary to perform a qualifying repower or retrofit, including but not limited to rules establishing the certified cost for purposes of the tax credit established in section 12, chapter 855, Oregon Laws 2007.
(2) For the purposes of subsection (1) of this section, certified cost:
(a) May not exceed the incremental cost of labor and hardware that the Department of Environmental Quality finds necessary to perform a qualifying repower or retrofit;
(b) Does not include the cost of any portion of a repower or retrofit undertaken to comply with any applicable local, state or federal pollution or emissions law or for ordinary maintenance, repair or replacement of a diesel engine; and
(c) May not exceed the cost-effectiveness threshold. [2007 c.855 §7]
Note: The amendments to 468A.797 by section 7a, chapter 855, Oregon Laws 2007, become operative January 2, 2018. See section 7b, chapter 855, Oregon Laws 2007. The text that is operative on and after January 2, 2018, is set forth for the user’s convenience.
468A.797. (1) The Environmental Quality Commission by rule shall establish standards related to the certified cost necessary to perform a qualifying repower or retrofit.
(2) For the purposes of subsection (1) of this section, certified cost:
(a) May not exceed the incremental cost of labor and hardware that the Department of Environmental Quality finds necessary to perform a qualifying repower or retrofit;
(b) Does not include the cost of any portion of a repower or retrofit undertaken to comply with any applicable local, state or federal pollution or emissions law or for ordinary maintenance, repair or replacement of a diesel engine; and
(c) May not exceed the cost-effectiveness threshold.
Section: Previous 468A.755 468A.760 468A.775 468A.780 468A.785 468A.790 468A.793 468A.795 468A.797 468A.799 468A.801 468A.803 468A.820 468A.990 468A.992 NextLast modified: August 7, 2008