Product / Service Description
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 Revolving Fund. 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.