Contact: Allen Spelce or R.J. DeSilva
For Immediate Release
May 7, 2007
AUSTIN —The Los Fresnos Consolidated Independent School District (CISD) will soon start saving several hundred thousand dollars annually in energy costs while improving the environment at the same time. The district will buy and install energy-saving equipment at its campuses with a $2.7 million loan from the Texas Comptroller’s office.
The money comes from the LoanSTAR (Saving Taxes and Resources) loan program administered by the State Energy Conservation Office, a division of the Comptroller’s office.
“The state wants to help Texas schools and local governments save valuable taxpayer dollars by using energy efficiently and reducing utility costs,” said Comptroller Susan Combs. “The LoanSTAR program is an excellent way to help them utilize resources to get those savings.”
A detailed energy assessment estimated Los Fresnos CISD could save $291,000 a year in energy costs by replacing aging air conditioning equipment, upgrading systems to accurately control temperature and humidity in classrooms and installing motion sensors for lighting at its schools. The Comptroller’s office estimates the energy retrofits will pay for themselves, as the annual savings will go toward paying off the LoanSTAR loan over a 10-year period.
“This comes at no new cost to the school district,” Combs said. “After the loan is paid off, the district will continue to reap the benefits of cutting nearly $300,000 a year in energy costs. That’s money that could be used to meet other needs if necessary.”
Projects funded through LoanSTAR have a significant environmental impact, reducing the release of pollutants from power plants as they burn less fuel to serve the public facilities, which become energy efficient.
LoanSTAR is the largest state-run building conservation program in the United States and has saved public entities more than $200 million since 1990. Texas schools, cities and counties undergo a process of strict quality control and guidelines to participate in the program.
For more information on LoanSTAR, visit http://www.seco.cpa.state.tx.us/ls.htm.
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