Specifications include, but are not limited to: Program Summary: This Texas LoanSTAR (Saving Taxes and Resources) Pilot Program, is not part of the federally-financed stimulus program. This Pilot Program is intended to finance energy-related cost-reduction retrofits for facilities owned and occupied by non-profit community based organizations and Houses of Worship. The loans are provided to assist those institutions in financing their energy-related cost-reduction efforts. The programs revolving loan mechanism allows applicants to repay loans through the stream of energy cost savings realized from the projects. pUtility dollar savings are the number one criterion for determination if the measure can be considered an eligible Energy Cost Reduction Measure (ECRM) or Utility Cost Reduction Measure (UCRM) therefore, ECRMs / UCRMs are not limited to those activities that save units of energy. An ECRM / UCRM could conceivably call for actions that save no energy or consume additional BTUs, but save utility budget dollars. Before entering into a LoanSTAR loan agreement, applicants, if selected, must provide a description of the proposed energy efficiency measures in the project in the form of an Energy Efficiency Retrofit Plan. This plan must include an overview of the energy efficiency improvements, annual projected energy savings (KWhs or BTUs and $s) and how the anticipated energy consumption savings were determined. HVAC project components shall meet or exceed equipment and system efficiency standards established in the 2009 edition of the International Energy Conservation Code (IECC 2009).A Professional Engineer licensed in the State of Texas must evaluate and analyze the project. The prospective applicant selects the Engineer.
