In 2013, the Office of Energy at the Ohio Development Services Agency closed on loans totaling more than $20 million from its Energy Loan Fund. These projects will reduce energy use for businesses, schools, nonprofits and local governments, resulting in an average energy savings of more than 30 percent and saving more than $2 million annually. Following are links to press releases on a few of the projects funded this year through the Energy Loan Fund:

State Helps A.B.B. Leasing Co. Improve Its Energy Efficiency

“The benefits of this lighting upgrade are numerous. Not only will we save energy, the new LED lighting will last much longer, eliminating maintenance cost, and it burns brighter, making our work areas more enjoyable for our employees, ”said Rusty Deaton, Chief Financial Officer of A.B.B. Leasing Co. “And the rate and terms from the state made the Energy Loan Fund the best choice for financing.” READ MORE

Montessori School of Dayton Saves Money through Energy Efficiency

“The Energy Loan Fund was the right choice for us to upgrade our original 1950’s equipment to state of the art 21st century technology. Realizing the energy conservation and financial savings would not have been possible without the courteous and professional Ohio Development Services Agency staff. They provided the hands-on support we needed to navigate the process and even went the extra mile to work with Ohio Department of Taxation on our behalf to favorably expedite a pending tax exemption application that was holding up the loan closing, ”said Tim Meixner, the Montessori School of Dayton’s President. READ MORE

State Helps Company Reduce Energy Costs

Leto Holdings, LLC, of Delaware (Delaware County) received a loan from the Ohio Development Services Agency to improve its energy efficiency and reduce energy costs for its 44-unit apartment complex in Troy, Ohio (Miami County). The low-interest loan will help the company install energy efficiency upgrades in the apartment units and a photovoltaic (PV) solar system on the apartment building rooftops. “This project helps reduce energy consumption and costs, which is a long- term win for the community,” said David Goodman, director of the Ohio Development Services Agency.  READ MORE

Visit the CESA member page for the Ohio Development Services Agency- Office of Energy