Connecticut Administrative Code › Title 16a - Planning and Energy Policy › 40b - Energy Conservation Material Standards for Residential Buildings › Energy Conservation Loan Program › Section 16a-40b-7 - Definitions

Current through July 10, 2024
Whenever used in Sections 16a-40b-7 to
				  16a-40b-14 of these
				  regulations:
(a) "Alternative Energy
				Device" means a wood-burning stove for space heating and any system or
				mechanism which uses wood, solar radiation, wind, water or geothermal resources
				as a source for space heating, water heating, cooling or generation of
				electrical energy.
(b)
				"Commissioner" means the Commissioner of Housing.
(c) "Eligible person" means any resident of
				the State of Connecticut holding title to real property in Connecticut which
				consists of a residential property.
(d) "Energy Conservation Loan Fund" means the
				fund established and used to make loans or loan guarantees authorized by
				sections
				16a-40 through
				16a-40c
				of the Connecticut General Statutes, as amended, and for expenses incurred by
				the Commissioner in the implementation of the program of loans and loan
				guarantees established by said sections and in servicing of loans made before
				July 1, 1985, under section
				16a-40k, as amended,
				of the Connecticut General Statutes.
(e) "Loan" means monies provided from the
				Energy Conservation Loan Fund to an eligible person for the purchase and
				installation of insulation, alternative energy devices, energy conservation
				materials, and replacement furnaces and boilers, as these appear in regulations
				adopted by the Secretary of the Office of Policy and Management, or for the
				purchase of a secondary heating system using a source of heat other than
				electricity or for the conversion of a primary electric heating system to a
				system using a source of heat other than electricity.
(f) "Loan Guarantee" means an agreement by
				the Department to guarantee a loan made by a private institution for purposes,
				terms and limits as covered in these regulations.
(g) "Primary Heating System" means a heating
				system which will satisfy all heating requirements of a dwelling unit in a
				residential structure.
(h)
				"Residential Structure" means any building in which at least two-thirds of the
				usable square footage is used for dwelling purposes.
(i) "Secondary Heating System" means a
				heating system which will satisfy only a portion of the heating requirements of
				a residential structure or of a dwelling unit in a residential
				structure.
(j) "Adjusted Gross
				Income" means the adjusted gross income for federal income tax purposes for all
				family members residing in the dwelling unit.
(k) "Department" means the Connecticut
				Department of Housing.
(l) "Family"
				means one or more persons residing in the same household.
(m) "Gross Income" means the aggregate annual
				income of all family members residing in the dwelling unit from all sources,
				before any deductions.
(n)
				"Interest Rate Subsidy Payment" means the annual payment made by electric and
				gas companies which is used to subsidize the interest rates charged on loans
				extended under the Energy Conservation Loan Program.