When it comes to creating top-notch energy efficiency programs, it sometimes costs money to save money. But cities can obtain grants and low-interest loans.
The World Bank through it’s Energy Sector Management Assistant Division produced a guide to help municipalities determine the best financing tool for each project. This Guide, Financing Municipal Energy Efficiency Projects, contains summaries of illustrative case studies that can help policymakers understand the characteristics of various financing options and identify which are most viable in any given situation.
State Energy Conservation Office (SECO)
The mission of the State Energy Conservation Office is to maximize energy efficiency while protecting the environment in Texas.
The Texas LoanSTAR (Saving Taxes and Resources) revolving loan program provides low interest rate loans to assist Texas public institutions by financing their energy-related cost-reduction retrofit projects. Loan recipients can be cities, counties, independent school districts, state agencies, public institutions of higher education, and tax-district supported public hospitals. The public institutions must own and occupy the facilities where the retrofit projects will take place. All loan disbursements are on a reimbursement basis. Borrowers repay the loans through the stream of energy cost savings realized from the retrofit projects. Applications will now be reviewed on a first-come first-serve basis during the open enrollment period. Applications may be submitted from Jan. 27, 2017 through Aug. 31, 2017.
The Environment Protection Agency
The EPA’s website includes this useful resource list of government administrators looking to fund energy efficiency programs.
Managed by the Department of Health and Human Services, grants.gov provides information not only on energy efficiency grants but rather grants of all kinds. Find information here on over 1,000 grants programs.
Keeping PACE in Texas
Keeping Pace in Texas is a non-profit business association organized for the purpose of promoting Property Assessed Clean Energy (“PACE”) financing programs throughout the state of Texas.