![[logo] US EPA](http://www.epa.gov/epafiles/images/logo_epaseal.gif){kind=logo}
Funding Resources
Funding Resources
| MS Energy Investment Program | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | MS |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, Coal, Hydrogen, LFG, Municipal Solid Waste, Natural Gas, Other, Tire-Derived Fuel, Waste heat Recovery |
| Eligible Project Size | All (MW) |
| Number of Awards | |
| Size of Award | The Mississippi Energy Investment Program, administered by the Mississippi Development Authority, provides low-interest loans to qualifying organizations that are working to either make their energy consumption more efficient or make alternative energy sources available. Facilities utilizing the loan proceeds must be located in Mississippi and all projects must demonstrate a reduction in facility energy costs. Job creation and the use energy efficient practices are the goal of the Energy Investment Loan Program. Industries that are eligible under this program include: " Manufacturers " Warehouses " Research and development facilities " Retail " Telecommunications " National or regional headquarters The program offers loans between $15,000 and $300,000 for up to seven years at a rate of three percent below the prime interest rate prevailing at the time the loan is issued. Any individual owning 20 percent or more of a business obtaining a loan under this program must offer a personal guarantee for the loan. |
| Start Date | 1/1/1989 |
| End Date |
|
| Minimum Efficiency(%) |
|
| Additional Information | This program is supported by a revolving loan fund of $7 million, established through federal oil overcharge funds. This program has no set expiration date. |
| Web Site |
http://www.mississippi.org/index.php?id=340  |
| Additional Web Site |
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=MS01F&re=1&ee=1 |
| Primary Contact |
Terrence Spears 501 North West St. PO Box 849 Jackson, MS 39201 U.S.A. Terrence Spears (tspears@mississippi.org) (601) 359-6600 |