31:01:02:01.  Technical analysis required. An application for an energy conservation loan must be accompanied by a technical analysis. The technical analysis for a governmental; commercial, including a multiple-family apartment building; or nonprofit organizational building must be conducted by a technical analyst qualified pursuant to § 31:01:02:02, except as provided in this section.

          A limited energy savings payback analysis in a format provided by the office may be used in lieu of a technical analysis if the application is limited to one or more of the following items:

          (1)  Replacement of a heating or cooling system with more energy-efficient units;

          (2)  Insulation;

          (3)  Replacement of existing lighting with more energy-efficient lighting;

          (4)  Replacement of existing motors with more energy-efficient motors in the heating, ventilating, and air conditioning system.

          The individual cost of any single item in this list may not exceed $10,000 and the aggregate cost for measures to be installed in any one building may not exceed $25,000. For owner-occupied residential properties the individual cost of any single item may not exceed $5,000 and the aggregate cost for the measures to be installed in any one building may not exceed $10,000. The dollar limit may be waived at the discretion of the commissioner of the office.

          The analysis for a single-family residence may be conducted by the office, using information supplied by the homeowner on a questionnaire provided by the office.

          Source: 14 SDR 183, effective July 13, 1988; amended and transferred from § 20:13:02:01, 15 SDR 209, effective July 9, 1989; 17 SDR 22, effective August 13, 1990; 19 SDR 148, effective April 4, 1993; 20 SDR 222, effective July 5, 1994.

          General Authority: SDCL 1-33B-15.

          Law Implemented: SDCL 1-33B-15.