Okla. Stat. tit. 11, § 11-25-104: Trustees’ powers and duties

A. The trustees of a municipal energy district authority shall

be authorized to:

1. Manage and conduct the business and affairs of the

authority;

2. Make and execute all necessary contracts;

3. Secure funding through sources which may include:

a. issuance of notes or bonds,

b. public or private lenders,

c. grants or loans from other governmental entities when

funds are available, or

d. any other public or private funding source;

4. Make loans directly to willing and consenting property

owners or through a financial institution for the following

purposes:

a. to finance the purchase and installation of

distributed-generation renewable energy sources,

b. to make energy-efficient improvements or retrofits

that are permanently affixed to residential,

commercial, or industrial property,

c. to conduct residential and commercial building energy

audits, and

d. to establish financial incentive programs for energy-

efficient improvements; and

5. Make loans or other repayment mechanisms for capital

expenditures available to implement green community programs and

qualified energy-conservation projects.

B. The trustees of an energy district authority shall

coordinate with electric utilities that provide electric service

within the borders of the municipality on programs offered by the

authority pursuant to the Oklahoma Municipal Energy Independence

Act. No program offered by a municipal energy district authority

shall be used directly or indirectly to compete against an electric

service provider's similar program within the borders of the

municipality for electric customers.