Energy Loan Program

The loan award for FY2017 has been announced. Please see below. For further assistance, please contact the Energy Loan Program at 855-522-2796.

FY2017 Loan Award 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 owned airport facilities (municipal, county, regional, and international), 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. 

According to Attorney General of Missouri opinion letter No. 136-85, these loans borrowed by public schools do not require electorate assent and are not considered as “debt” created. Therefore, 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 571 loans, which has resulted in nearly $99 million in completed energy-efficiency projects and more than $181 million in estimated cumulative energy savings.

Projects with energy cost savings are eligible with this Energy Loan Program. Examples of eligible projects include:

  • High efficiency lighting fixtures and lamps
  • High efficiency heating, ventilation and air conditioning systems
  • Combined heat and power systems
  • Renewable energy sytems
  • Waste heat recovery
  • Energy efficient fine bubble diffusers and high efficiency pumps
  • Building shell improvements such as insulation and other infiltration measures
  • Other measures that reduce energy use and cost

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


Video Testimonials

Ozark Medical Center

Laclede County

Orrick R-XI School District

City of Carl Junction

Lincoln University

Lee's Summit R-VII School District

 


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Below is the approved FY2016 Loan Awards.
For more information, please contact the Energy Loan Manager at 855-522-2796.

APPLICANT

COUNTY

SCOPE OF WORK

LOAN AMOUNT

ESTIMATED SAVINGS

Bates County Memorial Hospital

Bates

HVAC, lighting

$1,870,000

$261,515

Butler County

Butler

Lighting

$181,357

$53,784

Carl Junction, City of

Jasper

Solar PV System

$358,000

$41,447

Dade County Health Department

Dade

Solar PV System, lighting

$62,800

$7,721

DeSoto School District

Jefferson

HVAC

$260,550

$30,169

Greenfield R-IV

Dade

Solar PV System, lighting

$639,850

$74,099

Hannibal Regional Healthcare System, Inc.

Marion

Central plant retrofit

$307,950

$35,647

Holts Summit, City of

Callaway

HVAC, lighting

$70,375

$8,146

Lee's Summit R-VII

Jackson

Lighting

$1,860,600

$215,472

Marshall Public Schools

Saline

HVAC, building automation

$274,000

$31,714

Missouri University of Science & Technology

Phelps

Lab ventilation, lighting

$339,824

$49,654

 

 

Division of Energy:  Energy Loan Program
Fiscal Years 201​4, 201​5, 201​6

FY2016 Loan Map

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: [email protected]

Standard mail: 

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