City of Salem Awarded Energy Loan

(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.

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