Energy Loan Program

FY2014 Loan Award Recipients List

 


 

Low-interest Loans to Schools and Governments for Energy Efficiency Improvements

The Division of Energy provides loans to public schools (K-12), public/private colleges and universities, city/county governments, public water and wastewater treatment facilities, and public/private not-for-profit hospitals to help reduce energy costs through the Energy Loan Program. This loan financing may be used for various energy-saving investments, including projects such as upgrading insulation, lighting systems, heating and cooling systems, windows and other items that affect your energy use.

Loan recipients benefit from increased occupant comfort in their buildings and reduced energy costs. The financing also frees up tax dollars that school districts, higher education facilities and local governments can use for essential services or other capital improvements. Loan recipients repay the loan with money saved on energy costs as a result of implementing the energy-efficiency projects. These loans are not defined as debt, so the loan financing does not count against debt limits or require a public vote or bond issuance.

Since the fund was initiated in 1989, the Division of Energy has awarded more than 520 loans, which has resulted in nearly $84 million in completed energy-efficiency projects and more than $158 million in estimated cumulative energy savings.

Examples of eligible projects include:

  • Heating and air conditioning upgrades.
  • Lighting improvements.
  • Boilers.
  • Chillers.
  • Motors.
  • Building insulation.
  • Window replacements.
  • Renewable energy systems.
  • Combined heat and power.

Applications will be reviewed on a competitive basis until all available funds are awarded.


Please find the approved FY2014 Loan Awards below.
Please contact Energy Loan Manager at 855-522-2796 for more information.

 

APPLICANT COUNTY SCOPE OF WORK LOAN AMOUNT ENERGY SAVINGS
Aurora R-VIII School District Lawrence HVAC and window reduction $6,255 $716
Bakersfield R-IV School District Ozark HVAC $20,420 $2,338
Fayette, City of Howard Street Lights $29,500 $3,711
Fox C-6 School District Jefferson Lighting $218,870 $27,229
Licking R-VIII School District Texas Geothermal $89,000 $10,191
Meramec Valley R-III Franklin Lighting/motion sensors $31,430 $3,621
Missouri University of Science and Technology Phelps HVAC and lighting $550,580 $63,669
Missouri Western State University Buchanan Lighting $175,131 $23,325
New Bloomfield R-III School District Callaway Lighting  $132,360 $25,482
New Haven School District #138 Franklin Lighting, HVAC, windows, insulation $49,260 $5,641
Prairie Home R-V School District Cooper HVAC upgrades $35,800 $4,098
South Harrison R-II School District Harrison Lighting, HVAC $51,390 $5,883
St. Genevieve County Memorial Hospital St. Genevieve Outside Air Reduction and HVAC upgrades $351,800 $40,273
Troy R-III (Lincoln Co. R-III School District) Lincoln Lighting $159,175 $27,443

 


 

Division of Energy:  Energy Loan Program
Fiscal Years 2013, 2012, and 2011

Download printable version of low-interest loan map with a list of recipients.


Resources

For more information regarding the Energy Loan Program contact the Division of Energy:

Telephone:

  • Energy Loan Manager at 1-855-522-2796

E-mail: energy@ded.mo.gov

Standard mail: 

Missouri Department of Economic Development
Division of Energy
Attn:  Energy Loan Program Clerk
P.O. Box 1766
Jefferson City, MO 65102-0176