Small Business Energy Conservation Act of 1980

[AI summary unavailable — showing source text] Small Business Energy Conservation Act of 1980 - Amends the Small Business Investment Act of 1958 to make "energy facilities" eligible for Small Business Administration (SBA) contract guarantees. Includes within such definition: (1) solar equipment; (2) photovoltaic cells and related equipment; (3) equipment designed to increase the energy efficiency of existing fossil fuel systems; (4) industrial cogeneration equipment; (5) hydroelectric equipment; (6) wind or tidal conversion equipment; or (6) equipment for producing energy or fuel from wood, biological waste, grain, or other biomass sources. Makes such contract guarantees, when properly issued, valid and incontestable in the hands of the holder. Provides that SBA guarantee fees shall not exceed one and a half percent of the total of all guaranteed payments (presently may not exceed three and a half percent per year of the minimum annual guaranteed rental). Replaces existing "rental guarantee" language in escrow and default provisions with language referring to "guaranteed payments."…