; or (ii) any individual or entity who qualifies to be a subscriber to that community solar facility. (C) Treatment (i) In general No owner, operator, or subscriber of a community solar facility that receives assistance under this subsection shall be subject to regulation by the Federal Energy Regulatory Commission solely as a result of an interest in the community solar facility. (ii) Price of subscription The price paid for any subscription to a community solar facility shall not be subject to the regulation of any Federal department, agency, or commission. (c) National competition (1) In general The Secretary shall select eligible entities to receive loans or grants under this section through a nationwide competitive process, to be established by the Secretary. (2) Applications To be eligible to receive a loan or grant under this section, an eligible entity shall submit to the Secretary an application at such time, in such manner, and containing such information as the Secretary may require. (3) Requirements In selecting eligible entities to receive loans or grants under this section, the Secretary shall, at a minimum— (A) require that the eligible entity— (i) enter into a grant or loan agreement, as applicable, under subsection (d); and (ii) has obtained financial commitments (or has demonstrated the capacity to obtain financial commitments) necessary to comply with that agreement; (B) ensure that loans and grants are provided, and amounts are used, in a manner that results in geographical diversity throughout the United States and within States, territories, and Indian tribal land among photovoltaic solar electricity generating facilities installed using the assistance provided under this section; (C) to the maximum extent practicable, expand photovoltaic solar energy availability to— (i) geographical areas, throughout the United States and within States, territories, and Indian tribal land, with— (I) low photovoltaic solar penetration