Energy + Environment, Legislation + Regulation

South Dakota Offers 0% Loans for Upgrading Lighting in Schools and Nonprofits

Craig DiLouie March 9, 2010

The Argus Leader has reported that South Dakota’s Energy Management Office has created a revolving $2.8 million loan fund that can be used to purchase and install energy-efficient lighting (in addition to HVAC, windows, insulation, renewable energy) for K-12 school districts, state tech schools and nonprofits. The fund is part of the Federal Energy Efficiency and Conservation Block Grant program. The 0% loans, available from $10,000 up to $500,000, are available with terms up to 10 years based on simple payback, with the loan paid by energy savings.

Read the article here.

To learn more about the program and access eligibility requirements and application forms, call 605.773.3899 or click here.

Note there is a time limit. Applications must be received by April 12, 2010!

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