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Mayor Rogero encourages businesses to become more energy efficient

4:36 PM, Nov 16, 2012   |    comments
Madeline Rogero
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Knoxville Mayor Madeline Rogero is challenging businesses to take energy efficient steps. $10 million in loans are up for grabs to make that happen.

It's all thanks to a partnership between the city and Pathway Lending, a Nashville-based non-profit lender.

Businesses can apply for low-interest loans for things like HVAC replacements or upgrading their lighting.

Mayor Rogero says investing in energy efficiency makes business sense.

"If you have high utility bills, it's a cost that's not necessary when you have access to energy efficient products and now access to funding," she said.

The city says on average, each dollar a business invests in an energy efficiency project brings in $2.84 in return.

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