Jefferson City - Property Assessed Clean Energy

MO PACE Financing commercial residential

Program Details

Program ID: 4610
Last Updated: 8/27/2014

Eligibility

Eligible Sectors

commercial residential

Eligible Technologies

geothermal electric solar thermal electric solar photovoltaics wind (all) biomass geothermal heat pumps combined heat & power daylighting lighting lighting controls/sensors chillers furnaces boilers heat pumps air conditioners heat recovery programmable thermostats energy mgmt. systems/building controls caulking/weather-stripping building insulation windows doors roofs comprehensive measures/whole building yes; specific technologies not identified geothermal direct-use

Program Summary

Property-Assessed Clean Energy (PACE) financing effectively allows property owners to borrow money to pay for energy improvements. The amount borrowed is typically repaid via a special assessment on the property over a period of years. The Missouri legislature enacted the "Property Assessed Clean Energy Act" in July 2010. The act allows municipalities to create Clean Energy Development Boards, which are permitted to develop a local PACE program. In January 2011, Jefferson City became the first city in Missouri to adopt the PACE ordinance.

The program provides 100% of up-front costs for energy efficiency and renewable energy projects for residential and business properties. Jefferson City joined the Mid Missouri Clean Energy Development Board for the administration of their program.

Contact & Resources

Additional Resources

http://www.mocefllc.com/

Please verify current program details with the administering agency before making any financial decisions.