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7 U.S.C. § 940g

Electric loans for renewable energy

United States · Title 7 — AGRICULTURE · Status: effective

Energy & Utilities
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7 U.S.C. § 940g, Electric loans for renewable energy, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/429198
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In this section, the term “renewable energy source” means an energy conversion system fueled from a solar, wind, hydropower, biomass, or geothermal source of energy. In 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. The rate of a loan under this section shall be equal to the average tax-exempt municipal bond rate of similar maturities.

Legislative history

The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.