Pub. L. 95-238, tit. V, sec. 507

Pub. L. 95-238, tit. V, sec. 507

EnactedYear: 1978Length: 141 wordsOfficial source
Sec. 507. Section 201 (c) of the Act is amended by adding at the end thereof the following new sentence: “In the case of a guaranty for the purposes specified in subsection (b)(5), the aggregate cost of the project shall be deemed to be that portion of the total cost of construction and operation which is directly related to the utilization of geothermal energy within the structure or facility in question, except that the aggregate cost of the project with respect to which the loan is made may be the total cost including construction and operation in cases where the facility or structure has been located near a geothermal energy resource predominantly for the purpose of utilizing geothermal energy, or as determined by the Administrator the economic viability of the project is substantially dependent upon the performance of the geothermal reservoir.”.