City of Salem Awarded Energy Loan
July 13, 2020 2:44PM CDT
(Salem) The Missouri Department of Natural Resources announced this week that approximately 4-million dollars in low-interest loans has been awarded to assist with energy-efficiency projects.
Locally, the City of Salem will receive some of that money.
As a whole, the funded projects are expected to support 48 jobs, benefit more than 32,310 Missourians and result in annual energy savings of nearly a half-million dollars.
The loans will be repaid with money saved on energy costs as a result of implementing upgrades and improvements.
The projects will reduce electricity use by more than 3.3 million kilowatt-hours and natural gas use by 11,889 million Btu.