Rules establishing criteria.

(1) In accordance with Title 63G, Chapter 3, Utah Administrative Rulemaking Act, the office shall make rules to determine: (a) eligibility for a loan; and (b) priorities among energy efficiency projects. (2) When making a rule to determine priorities among energy efficiency projects, the office may consider the following: (a) possible additional sources of revenue; (b) feasibility and practicality of an energy efficiency project; (c) energy savings; (d) annual energy cost savings; (e) projected energy cost payback; (f) financial need of the public facility owner; (g) environmental and other benefits to the state and local community; and (h) availability of federal funds.