11/18/10

Low interest loans for energy related cost reduction retrofits are being offered by the Comptroller of Public Accounts Susan Combs through the Texas LoanSTAR (Saving Taxes and Resources) Program administered by the State Energy Conservation Office (SECO).   The maximum award is $5 million.  Applications must be delivered to the Issuing Office to the attention of the Texas Comptroller of Public Accounts; Assistant General Counsel, Contracts; Attn: Clay Harris no later than 2:00 p.m. (CT), on Friday, December 17, 2010.

The Comptroller and SECO will select school districts for the LoanSTAR financing based primarily on certain considerations including:

1. Level of detail contained in the project’s available engineering reports.
2. Number of individual energy cost reduction measures proposed in the project.
3. Renewable energy systems incorporated into the project.
4. Technical ability and experience of the project team.
5. Location of proposed project.
6. Public access to the projects’ energy savings information.

To access the Comptroller's web site on this topic click on the link below.

http://www.seco.cpa.state.tx.us/funding/nolfa/