For Immediate Release: November 17, 2014
Contact: Amber Pasricha Beck (916) 654-4989
California Approves $13.5 Million in Loans for Energy-Efficient Upgrades to Schools
Grants for alternative and renewable fuel projects totaling nearly $8 million also approved
Sacramento – The California Energy Commission approved $13.5 million for energy efficiency measures to 14 schools in the San Francisco Bay Area, San Joaquin County and Orange County during its monthly business meeting today. The Energy Commission also approved grants to four entities to develop and research alternative and renewable fuel projects.
Energy Conservation Assistance Act
Three school districts received loans through the Energy Conservation Assistance Act (ECAA), a zero- or low-interest loan program providing funds to public entities. School districts, charter schools, county offices of education, state special schools and community college districts are eligible for a zero-percent interest rate loan. Funding is provided by the Clean Energy Jobs Act (Proposition 39) through ECAA-Ed and must be used for energy projects. Continue reading