May 2011 – The Missouri Department of Natural Resources is providing up to $10 million in low interest loans of 2 percent for energy efficiency projects through the Energize Missouri Schools and Local Governments program. Eligible loans are $30,000 to $2.5 million per project. Recipients will receive 100 percent of the funds upfront and zero interest during construction.
Examples of eligible projects include: heating and air conditioning upgrades, lighting improvements, boilers, chillers insulation, window replacements.
Loan applications will be evaluated on a competitive basis. Those with the quickest payback in years, based on project cost versus anticipated energy cost savings, will be the most competitive.
The department will review applications as they are received. Applications will be processed and awarded on a monthly basis until funding is exhausted.
For full announcement and application info, click here.