FOR IMMEDIATE RELEASE
Thursday, July 19, 2007
Contact: Jessica Robinson, 573-751-0290


Blunt Announces $4.3 Million to Help Missouri Schools Save Money on Energy

JEFFERSON CITY– Gov. Matt Blunt today announced the approval of more than $4.3 million in low-interest loans to help Missouri schools and communities save money on energy costs. Throughout Missouri, 17 school districts, 11 county and city governments and one university will use the loans to make energy-efficiency improvements to save nearly $450,000 annually on their energy costs. The loans were approved by the Missouri Department of Natural Resources (DNR) through the Energy Loan Program.

"The Energy Loan Program is a winning partnership between Missouri and our schools, because we are investing in energy efficiency and reinvesting the savings in our students and communities," Blunt said. "With the long term energy savings these loans will pay for themselves, making it possible for school districts, cities and counties to save taxpayer's money, improve classroom conditions for students, and redirect the savings toward the priority needs of each district and local government."

Energy efficiency plays a vital role in environmental quality, reducing environmental impacts on Missouri's air and water by displacing fossil fuel generation. Nearly 94 percent of Missouri's primary energy sources are imported from outside the state at a cost of more than $14 billion each year. Energy efficiency benefits Missouri's economy by reducing the rate at which dollars leave the state for the purchase of fossil fuels.

DNR's Energy Center has loaned more than $80 million throughout Missouri since 1989. Eligible loan applicants are schools, local governments, colleges and universities. The cumulative energy savings resulting from more than 440 energy loan-financed projects are estimated at more than $105 million.

The following school districts, communities and universities received loans:

A full listing of the loan recipients, loan amounts, expected savings, and efficiency improvements being financed is available on the Energy Center Web page at http://www.dnr.mo.gov/energy/financial/loan.htm.

For more information, contact the Missouri Department of Natural Resources' Energy Center at (573) 751-3443 or the department toll free at (800) 361-4827.