Texas

Information provided the Database of State Incentives for Renewables and Efficiency (DSIRE)

Summary: Through the State Energy Conservation Office, the LoanSTAR Program offers low-interest loans to all public entities, including state, public school, colleges, university, and non-profit hospital facilities for Energy Cost Reduction Measures (ECRMs). Such measures include, but are not limited to: HVAC, lighting, and insulation. Funds can be used for retrofitting existing equipment or, in the case of new construction, to finance the difference between standard and high efficiency equipment. The evaluation of on-site renewable energy options (e.g., solar water heating, photovoltaic panels, small wind turbines) is encouraged in the analysis of potential projects.  
 
As of November 2007, LoanSTAR had funded a total of 191 loans totaling over $240 million dollars and resulting in approximately $212 million in energy savings. The National Association of State Energy Officials (NASEO) reports that the LoanSTAR program helped state agencies save more than $20 million in energy costs during 2008 and that the program had a waiting list of $28 million in proposed projects as of Winter 2009. Applications are available on the program website. 

Links:

• LoanSTAR Website
• For more information on financial incentives for energy efficiency in Texas, visit DSIRE

Contact:

Theresa Sifuentes
Comptroller of Public Accounts
State Energy Conservation Office
111 E. 17th Street, Room 1114
Austin, TX 78701
Phone: (512) 463-1896 
Fax: (512) 475-2569
E-Mail: theresa.sifuentes@cpa.state.tx.us 

Last Updated 06/22/2009

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