PACE is Now Available in St Louis County!
Property Accessed Clean Energy (PACE) is now available!
By now, I hope you have had a chance to review the letter mailed to you last week. On behalf of the St. Louis County Clean Energy Development Board (CEDB), I am pleased to announce that PACE financing is available to home and business property owners in St. Louis County. This program, which we call the Missouri Clean Energy Program or MO-ESP, offers a new option for owners to invest in the efficiency and sustainability of their properties.
How it works: property owners can now finance improvements like new efficient windows, insulation, heating and air conditioning systems, solar systems and insulation by placing a voluntary special assessment on their property. This special assessment is placed on the County tax bill for the property and can be financed for up to 20 years. MO-ESP is available to your constituents at no cost to your city or the County.
Jim Holtzman, Chair St. Louis County Clean Energy Development Board
P.S. Please scroll down to learn more about this exciting program.
The St. Louis County Council established the St. Louis County Clean Energy Development Board (CEDB), and the CEDB has launched the Missouri Energy Savings Program (MO-ESP). The program provides property owners across St. Louis County with access to PACE financing to pay for energy efficiency and renewable energy upgrades to their properties. The CEDB, which oversees MOESP, has contracted with Energy Equity Funding along with their partners, Rockwood Group and Ygrene Energy Fund, to administer the Program.
PACE is one of the fastest growing methods of lending in the country for good reason. See how PACE is working here in other communities across the nation. It offers a number of advantages over traditional financing for these types of upgrades. The program will generate economic development while at the same time making our communities more efficient and sustainable.
Use this link to view a complete list of YgreneWorks authorized communities.
Click here to check eligibility and get started.
If you have any questions about the Program, would like to meet with the Administrator team, or arrange for a presentation, please contact Energy Equity Funding at (314) 499-8756.