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The funds will be administered by the which is overseen by Texaxs ComptrollerSusan Combs. Statw agencies, local governments, school districts, public colleges and public hospitals and municipal utilities will be able to apply for monehy tofund energy-saving upgrades and installations. “This is a tremendouws opportunity for agencies in state and localk government to move forward with projects that will save valuabl e taxpayer dollars through energy efficiency and help Texas meet clea n air goals and reduce its energy Texas Comptroller Susan Combs Most of thesedollars $158.
2 million — will go toward a revolving loan The State Energy Conservatioh Office will accept applications for loans up to $10 millio at interest rates as low as 2 percent. The officre will use the money that’s repaid to make more loans. Anothed $16.9 million in stimulus funds will providre grants toward the purchase of alternative fuel vehicles and alternativre fueling stations for government vehiclesx as wellas energy-efficient traffivc signals. About $30 million in grants will help public entitiezsinstall renewable-energy technologies, such as solar, wind, biomass, hydroelectric and geothermalo projects.
The state will also use $6 million in stimulue funds to partner with the to trainb workers forthe renewable-energy industry and $5 million on energyg education and outreach.
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