For Immediate Release: October 26, 1998
Media Contact: Claudia Chandler -- 916 654-4989

State Offering Loans
To Encourage Greenhouse Energy Efficiency

The California Energy Commission is making nearly $800,000 in low-interest loans available to greenhouse and nursery operators eager to cut their energy costs.

"With a fixed interest rate of 3.7 percent, the loan program is designed to speed up the use of innovative energy efficiency technology in California," said Energy Commissioner Jananne Sharpless. "We'll use successful projects as teaching sites to show other greenhouse and nursery owners ways to save energy and reduce their production costs."

Loans of up to $150,000 can be made to individual farmers or to groups committed to making successful demonstration programs. Any grower operating a greenhouse or nursery business in California may apply. All projects must have a simple payback of seven years or less. Loan applicants must be willing to cooperate with a consultant through each stage of their project, including evaluation and monitoring of the project's effectiveness.

Loan applications will be available on November 2, 1998, and must be returned to the Energy Commission by December 11. Loan recipients will be selected on a competitive basis and should be notified in March 1999.

Applications may be obtained by contacting:

California Energy Commission
Energy in Agriculture Program, MS-42
1516 Ninth Street
Sacramento, CA 95814-5512
Attention: Elizabeth Boynton

For additional information, telephone (916) 654-4147. Application requests also can be FAXed to: (916) 654-4304 or e-mailed to:

Details and an on-line application will be available on November 2, on the Energy Commission's Homepage located at:

# # #

Return to Recent News Releases Listings Page

Return to What's New!

Do you have a question about this News Release?
Call us at 916-654-4989 or send e-mail to: