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Published byNancy Day Modified over 9 years ago
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Missouri Energy Center Energy Loan Program
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Energy Loan Program Helps finance energy efficiency improvements Helps finance upgrades on new construction encouraging efficient design and construction
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Innovative funding ideas!
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Program Facts Approximately 400 loans since 1988 Valued at more than $65 million $72 million in cumulative savings.
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Environmental Impact Reduced emissions: Carbon dioxide25.1 million pounds Sulfur dioxide217,000 pounds Nitrogen oxides100,000 pounds
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How it Works - Identify energy saving project - Contact Energy Center (Bob) - Estimate cost and savings of project - Complete Loan Application - Sign Loan Agreement - Complete project and see savings! - Repay loan and reap full benefits
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Owner Eligibility -Public K-12 school districts -City & county governments -Water & sewer districts -City, county & district hospitals -State universities & colleges
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What’s New? -Loan money now leveraged with bonds -Project size up to $2 million per project -Paybacks up to 16 years -Competitive rates -State universities & colleges are eligible
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Types of Projects -Insulation-Lighting -HVAC-Controls -Windows-Management Systems -Renewable energy projects Projects that reduce energy costs!
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Examples Owner Loan Savings St. Joe SD $517K$82K Dora SD $80K$10K Rockwood SD $600K$75K City of STL $2M $375K KC water Treat. $150K$37K
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Loans for New Construction -Performance exceeding ASHRAE 90.1 -Estimate using modeling -Possibilities: High performance HVAC Daylighting Passive solar Other ideas? We challenge owners and the A/E community!
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Hypothetical Case Energy efficiency is a priority: -Passive solar orientation+$10 -Increased building mass+$10 -Extensive daylighting+$20 -Energy management system+$10 Resulting in: -Reduced H&C loads and HVAC size -Reduced HVAC operating costs -Reduced electric lighting costs
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Hypothetical Case (cont’d) -Cost of construction for EE items = $50 -Modeling: annual energy costs = -$5 -Loan for up to $58 for construction costs After payback, owner has all savings for other budget needs and has a better building!
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Questions? Bob Painter Department of Natural Resources 4750 Troost Ave. Kansas City, MO 64110 (816) 759-7313 Ext.. 2263
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