KRS 42.588: Administrative regulations -- Reports to Governor and Legislative Research

Commission.

(1) The cabinet shall, by administrative regulations promulgated in accordance with

KRS Chapter 13A:

(a) Develop a method to score applications for the bluegrass tur ns green private

sector loan fund established in KRS 42.586 and the bluegrass turns green

public sector grant fund established in KRS 42.584;

(b) Develop a list of companies qualified to perform energy audits for the

purposes of determining a baseline of energy consumption and any subsequent

projected energy cost savings for:

1. Private sector recipients of low -interest loans provided from the

bluegrass turns green private sector loan fund established in KRS

42.586; and

2. Public sector recipients of grants awarded from the public sector turns

green grant fund established in KRS 42.584; and

(c) Establish a process for the collection of loan payments from the private sector

to repay amounts that were made available under the bluegrass turns green

loan private sector fund.

The cabinet shall also promulgate any other administrative regulations necessary to

administer the provisions of KRS 42.580 to 42.588.

(2) The cabinet shall report to the Governor and the Legislative Research Commission

on or before November 1, 2009, and on or before each November 1 thereafter, the

following for the bluegrass turns green private sector loan fund and the bluegrass

turns green public sector grant fund for the immediately preceding fiscal year:

(a) The number of applicants;

(b) A description of the engineered demand -side management projects on which

loans or grants were provided;

(c) The total amount loaned to the private sector and the total amount of grants

provided to the public sector;

(d) The projected private sector energy cost savings;

(e) The projected public sector energy cost savings;

(f) The number of applicants and the amount of loan and grants for which

funding was not available; and

(g) Based upon the energy audits performed, the amount of increase d energy

capacity realized.