American Recovery and Reinvestment Act
FUNDS STILL AVAILABLE!
Missouri Schools and Local Governments
2% APR Loans for Energy Efficiency Retrofits
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.
The department has made the loan program available through funding received from the American Recovery and Reinvestment Act of 2009.
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.
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.
Program Materials
Contact Information
For more information about the Energize Missouri Schools and Local Government Loan Program, please submit an email inquiry to energyloan@dnr.mo.gov or call at 573-751-7466.
Missouri Department of Natural Resources
Division of Energy
1101 Riverside Drive, P.O. Box 176
Jefferson City, MO 65102-0176
800-361-4827 or 573-751-3443
energy@dnr.mo.gov email
Return to DNR Transform Missouri Page | Visit the Missouri Transform Site