MO Dept. of Natural Resources offering $5M in loans

March 25th, 2013 | Posted in Blog, Government, Rebates | No Comments »

imagesThe Missouri Department of Natural Resources is making $5 million in low-interest loans available to schools, governments and not-for-profit hospitals to complete energy-efficiency and renewable energy projects. The department is accepting loan applications for projects costing between $5,000 and $500,000 through August 31.

Loans are repaid from energy savings achieved. Loans to public schools and local governments do not count against debt limits or require a public vote or bond issuance. Those loans with the quickest payback in years, based on project cost versus anticipated energy cost savings, will receive priority.

To apply, visit http://www.dnr.mo.gov/energy/financial/loan.htm. For more information about the loan program, call 800-361-4827 or email energyloan@dnr.mo.gov.

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