The Texas Comptroller’s Office is accepting applications for its LoanSTAR (Saving Taxes and Resources) Revolving Loan Program, offering low-interest funding to help public institutions implement energy-efficiency retrofits. The program allows eligible entities to borrow up to $6 million from State Energy Program funds or up to $8 million from repaid American Reinvestment and Recovery Act (ARRA) funds.
Public institutions including cities, counties, independent school districts, state agencies, public universities and tax-supported hospital districts can apply through Aug. 31, 2025. The program features attractive terms with annual interest rates of just 2.5% for general fund loans and 1.5% for ARRA-funded projects, with repayment periods extending up to 15 years.
The LoanSTAR program operates on a self-sustaining model, with borrowers repaying loans through the energy cost savings generated by their retrofit projects. This financing structure allows public institutions to implement energy-efficient upgrades without additional budget strain, creating long-term operational savings while reducing environmental impact.
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