Green loan worth $1.8M awarded in Kentucky
Kentucky Educational Television's network center in Lexington has been awarded a loan of more than $1.8 million from the Green Bank of Kentucky program.
Kentucky Gov. Steve Beshear announced Thursday that with the low-interest loan, KET will implement energy-efficiency and conservation measures, according to a news release.
The money saved through reductions in energy and utility costs will be used to repay the loan.
"The Green Bank helps state agencies save valuable dollars and improve their efficiency while also creating jobs by means of education, engineering analyses and building improvements," Beshear said in the release.
At KET, updates will include new, high-efficiency boilers along with a heat-recovery system that will transfer heat generated in the studios and server rooms back into the heating system; high-efficiency light fixtures and occupancy sensors; and new water fixtures estimated to reduce annual water usage by about 50,000 gallons.
Read the full story in Business First.
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