The Secretary shall make incentive payments to the owners or operators of hydroelectric facilities at existing dams to be used to make capital improvements in the facilities that are directly related to improving the efficiency of such facilities by at least 3 percent.
Incentive payments under this section shall not exceed 10 percent of the costs of the capital improvement concerned and not more than 1 payment may be made with respect to improvements at a single facility. No payment in excess of $750,000 may be made with respect to improvements at a single facility.
There are authorized to be appropriated to carry out this section not more than $10,000,000 for each of the fiscal years 2006 through 2015.
(Pub. L. 109–58, title II, §243, Aug. 8, 2005, 119 Stat. 678.)
Sections: Previous 15854 15855 15871 15872 15873 15874 15881 15882 15891 15901 15902 15903 15904 15905 15906 Next
Last modified: October 26, 2015