3 Alaska Admin. Code § 78.045

Current through October 17, 2024

Section 3 AAC 78.045 - Ability to repay

The department may consider the following factors in evaluating an applicant's ability to repay:

(1) income history, including present income;

(2) prospects for future income;

(3) assets and their liquidity;

(4) liabilities;

(5) reasonableness of profit and loss statement;

(6) expected energy cost savings from the installation of the alternative energy systems or energy efficiency measures; and

(7) other relevant experience.

3 AAC 78.045

Eff. 9/11/85, Register 95; am 8/10/97, Register 143; am 9/7/2012, Register 203

Authority:AS 45.88.020