(2) The State Department of Energy shall process a loan application submitted by an applicant in a utility service territory not served by a sustainable energy project manager in the same manner as an application submitted through a sustainable energy project manager.
(3) The department may approve an energy efficiency and sustainable technology loan for property located in a utility service territory not served by a sustainable energy project manager if:
(a) On-bill financing is available to the loan applicant through a local utility serving the benefited property; or
(b) The department and the loan applicant agree to an alternative method for ensuring repayment of the loan. [2009 c.753 §14; 2013 c.8 §8]
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