Application Period is Open!
The Missouri Department of Natural Resources offers low-interest loans to communities for qualified energy-saving investments and energy-efficiency and renewable energy projects to reduce energy use and cost. Loan recipients repay the loan with money saved on energy costs as a result of implementing energy-efficiency projects. By using loan financing, the loan recipient's tax dollars are freed up for essential services or other capital improvements. The loan recipient also benefits from reduced energy costs and increased comfort of building occupants. An energy-saving loan for schools and local governments is not defined as debt and therefore does not count against debt limits or require a public vote or bond issuance.
As the loans are repaid, the loan principal and interest earnings are recycled back into the state’s CWSRF fund. These funds are used to finance new loans to other recipients, allowing the funds to "revolve" at the state level. For additional information, please review the Energy Loan Program - PUB1222 fact sheet.
Information and Assistance
The department encourages potential applicants to contact the department's Division of Energy for information and assistance. The Energy Loan Program Clerk can be reached by phone at 573-751-2254.