SALEM—The Oregon Department of Energy’s Small-scale Energy Loan Program is offering low-interest loans to Oregon’s public K-12 schools to pay for energy efficiency projects.  This effort is part of Governor Kitzhaber’s initiative to help schools save money and energy, and to create jobs.  

 

In Phase 1 of this financing, SELP will utilize traditional tax-exempt bonds and federal Qualified Energy Conservation Bonds to affect a lower interest rate on loans made to schools.  Additional information on funding and eligibility criteria will be announced at a May 13 meeting to be held from 1:30-4 p.m. at ODOE’s main office in Salem (625 Marion St. NE). 

 

SELP has a history of energy efficiency loans to schools across Oregon including Harney County School District #3, Astoria School District 1C and Oregon Trail School District #46.

 

The announcement for the meeting, with more details about the project, can be found on the ODOE website at: www.oregon.gov/energy/GSI. To request an interpreter for the hearing impaired, or accommodations for persons with disabilities, please contact ODOE at least 72 hours before the meeting at 1-800-221-8035, TTY 1-800-735-2900, or fax 503-373-7806.

 

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About the Department of Energy: The Oregon Department of Energy provides tax credits, loans, technical assistance and energy information for homes, businesses, manufacturing, farms, ranches, schools and governments.