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Ramsey County plans $8.4 million internal loan to finance energy upgrades, citing IRA deadlines
Summary
Ramsey County staff outlined a multi‑phase Guaranteed Energy Savings Project that would use an $8,445,000 zero‑interest internal loan to fund LED retrofits, solar PV and HVAC improvements; staff say federal Inflation Reduction Act incentives and a statutory Minnesota guaranteed‑savings program shape timing and payback windows.
Ramsey County officials on Sept. 23 described a multi‑phase energy retrofit program they say will accelerate countywide reductions in energy use and greenhouse‑gas emissions.
Jean Krueger of Ramsey County property management introduced the Guaranteed Energy Savings Project and said countywide energy consumption is “down 25% from what it was in 2019,” with property‑management facilities reduced about 43.8% through 2024. County staff presented a phasing plan that prioritizes high‑return projects including LED lighting, building envelope work, solar photovoltaic installations, roofing and HVAC controls.
The project is being structured under the Minnesota Guaranteed Energy Savings Program, a statutorily authorized…
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