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MDA Energy Investment Loans can cut power expenses: utility savings, increased productivity can often result.

Publication: Mississippi Business Journal
Publication Date: 29-NOV-04 		Format: Online - approximately 892 words
Delivery: Immediate Online Access
Full Article Title: MDA Energy Investment Loans can cut power expenses: utility savings, increased productivity can often result.(Mississippi Development Authority)

Article Excerpt
With energy costs spiking, energy conservation for businesses and industry has taken on new urgency. Help available from the Mississippi Energy Loan Investment Program has allowed businesses ranging from Gall Pittman to the Mississippi River Corporation to use the best of new technology to reduce energy usage.

The Mississippi Development Authority (MDA) Energy Division offers free assistance in the form of energy audits that make recommendations for conserving energy. And the Energy Investment Loan Program provides low-interest rate loans for improving energy efficiency and lowering utility bills.

The program can pay big dividends. After Mississippi River Corporation, a paper company in Natchez, went through an energy audit and used the loan program to make improvements, the company realized energy cost savings of $1,800 per day, said Demetra Foster, manager of the Energy...

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