Businesses
Government-funded
Varies
Amount varies
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
The Texas LoanSTAR program provides low-interest revolving loans to public institutions for financing energy-related retrofit projects that reduce operational costs. Borrowers repay loans through energy savings generated by the retrofits, with funds available to cities, counties, school districts, state agencies, universities, and public hospital districts.
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Applicant must be a Texas public institution (city, county, school district, state agency, university, or public hospital district)
2.Project must be energy-related and focused on cost-reduction retrofits
3.Loan disbursements made on reimbursement basis only
4.Repayment funded through energy cost savings generated by the retrofit project
IRS · United States
Allows businesses to deduct up to $5.65/sq ft for commercial buildings achieving significant energy savings through improvements to HVAC, lighting, and building envelope systems. IRA expanded the deduction and allowed non-profits and government to allocate it.
NCDOR · North Carolina
Provides state income tax credits for investments in renewable energy equipment and energy efficiency improvements for business properties in North Carolina, stackable with federal ITC.
TX Comptroller · Texas
Texas provides a significant franchise tax reduction for manufacturers, allowing a reduced 0.375% rate versus the standard 0.75% rate. Combined with the Texas Enterprise Zone Program, manufacturers can achieve substantial state tax savings.