Program overview: The Texas LoanSTAR program; 1989-1999, A 10-year experience
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abstract
The Texas LoanSTAR (Loans to Save Taxes and Resources) program was conceived by the Texas State Energy Office as a $98.6 million capital retrofit program for building energy efficiency. The funding source is petroleum violation escrow funds (PVE) from the Federal government. The primary recipients of these revolving loan funds are state agencies, universities, public schools, and local government subdivisions. Through 1999, more than $133,000,000 of loans have been made for energy efficiency retrofits. This paper summarizes the 10-year accomplishments of LoanSTAR and describes the role of the Energy Systems Laboratory in providing technical support to the Texas State Energy Office for the program. Important contributions from LoanSTAR, in addition to the energy and dollar savings, include emissions reductions and protocols contributions to the NEMVP, IPMVP, and ASHRAE's GPC-14P. LoanSTAR was conceived in 1988 and approved by the U. S. Department of Energy as a statewide demonstration program. The first loans were made in 1989.