Report

Once an RLF is operational, a State Energy Office may be required by statute to report on its activities to the Governor, legislature, or both. A State Energy Office may also wish to do this voluntarily to demonstrate the effectiveness of the RLF to key stakeholders internally and externally. (External stakeholders could include the borrower and CDFI communities.)

Reporting can take many forms, including formal reports, informal conversations, oral presentations, webinars, and case studies. The frequency of reporting could be annually, quarterly, or monthly based on requirements, if any.

To review the report the Saint Paul Port Authority publishes about its programs, please click here.

If the State Energy Office chooses a third party to administer the RLF, what should that administrator report back to the State Energy Office?
This could include a monthly summary report of loans issued, principal and interest repayments collected, outstanding loan principal balances, and the amount of any loans that are delinquent. The State Energy Office could also require the third-party administrator to provide a report of program metrics (energy savings, jobs, etc.), if statute mandates their collection.