Schools slash heating bills with stimulus project

Published April 20, 2014 4:36pm ET



PORTLAND, Maine (AP) — Years after federal stimulus dollars funded a Maine Forest Service Project to heat with local wood products, schools and other facilities report they have slashed energy bills in half while supporting jobs in the state’s struggling timber industry.

However, some project managers say because they had to borrow money to participate, the effort left them with hefty repayment plans that make their net savings far less than they appear.

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