Electric loans for renewable energy

7 U.S.C. § 940g
in effect
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(a) Definition of renewable energy sourceIn this section, the term “renewable energy source” means an energy conversion system fueled from a solar, wind, hydropower, biomass, or geothermal source of energy. (b) LoansIn addition to any other funds or authorities otherwise made available under this chapter, the Secretary may make electric loans under this subchapter for electric generation from renewable energy resources for resale to rural and nonrural residents. (c) RateThe rate of a loan under this section shall be equal to the average tax-exempt municipal bond rate of similar maturities.

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