May 28, 2010
May 27, 2010
Public News Service - Missouri gets PACE program
May 26, 2010
Calfinder - Missouri Adopts PACE Solar Program
May 25, 2010
May 2010 News and Updates
May 15, 2010
Missouri General Assembly Pass Bipartisan Energy Bill
May 15, 2010
Jefferson City, MO -- The Missouri General Assembly passed a bipartisan efficiency and renewable energy bill that will create in-state jobs and reduce energy bills on Friday, May 14th.
The policy, called PACE (Property Assessed Clean Energy), is state-enabling legislation that allows cities and counties to opt into a program that pays for up to 100% of the upfront costs of renewable energy and energy efficiency renovations for homes and businesses.
Homeowners repay project costs gradually through a special assessment attached to their property taxes. The bill requires the financial savings to outweigh the special assessment on an annual basis, yielding projects that are cashflow-positive from the get-go. Upon sale of a home, the special assessment and energy savings are passed on to next owner. By spreading out the payments over time, the energy savings gained each month on electric bills make the upgrades cost-effective from day one.
PACE passed by a vote of 144-11 in the House this Friday, May 14th, as part of House Bill 1692.
“At the end of a very tense and at times partisan session, it is encouraging to see the Republicans and Democrats work together in passing this important new policy,” says Jason Hughes of Renew Missouri. Renew Missouri isthe clean energy group that worked this spring to educate legislators about the potential of PACE for homeowners, businesses, Missouri’s economy, and the environment.
"There are 2 million existing homes in Missouri, all of which are prime candidates for efficiency upgrades. Updating these homes will require the work of thousands of energy auditors and insulation, window, and HVAC installers. PACE helps homeowners acquire up-front financing for these projects, and will put Missourians back to work,” says Byron DeLear, chair of the Missouri Association of Accredited Energy Professionals (MAAEP). MAAEP represents over a hundred efficiency businesses across Missouri.
PACE efficiency or renewable energy upgrades lower your electric bills and increase your home’s value. Homes with efficiency upgrades spend fewer days on the market and sell for a higher percentage of the listing price,” says Matt Belcher chairman of the Green Building Council of the St. Louis Home Builder's Association.
Dane Glueck, owner of Straight Up Solar and President of the Missouri Solar Energy Industries Association (MOSEIA), says “We hope that PACE will allow a whole new segment of the Missouri market to install solar panels on their property, and we’re ready for them. Whereas a few years ago we had less than 5 installers across the state, today there are at least 22 firms in Missouri equipped to size and install solar electric systems.”
In Missouri, PACE has widespread support from a broad coalition of groups including Kansas City Power and Light, Missouri Public Utilities Alliance, Missouri Energy Development Association, and various renewable energy and efficiency advocacy groups. Several cities, including St. Louis, St Louis County, Kansas City, Ferguson, and Creve Coeur have also expressed interest in creating a PACE program. 18 states have already passed legislation allowing cities to pursue PACE programs since 2007, and Missouri is one of nine states working to do so this year.
Jefferson City, MO -- The Missouri General Assembly passed a bipartisan efficiency and renewable energy bill that will create in-state jobs and reduce energy bills on Friday, May 14th.
The policy, called PACE (Property Assessed Clean Energy), is state-enabling legislation that allows cities and counties to opt into a program that pays for up to 100% of the upfront costs of renewable energy and energy efficiency renovations for homes and businesses.
Homeowners repay project costs gradually through a special assessment attached to their property taxes. The bill requires the financial savings to outweigh the special assessment on an annual basis, yielding projects that are cashflow-positive from the get-go. Upon sale of a home, the special assessment and energy savings are passed on to next owner. By spreading out the payments over time, the energy savings gained each month on electric bills make the upgrades cost-effective from day one.
PACE passed by a vote of 144-11 in the House this Friday, May 14th, as part of House Bill 1692.
“At the end of a very tense and at times partisan session, it is encouraging to see the Republicans and Democrats work together in passing this important new policy,” says Jason Hughes of Renew Missouri. Renew Missouri isthe clean energy group that worked this spring to educate legislators about the potential of PACE for homeowners, businesses, Missouri’s economy, and the environment.
"There are 2 million existing homes in Missouri, all of which are prime candidates for efficiency upgrades. Updating these homes will require the work of thousands of energy auditors and insulation, window, and HVAC installers. PACE helps homeowners acquire up-front financing for these projects, and will put Missourians back to work,” says Byron DeLear, chair of the Missouri Association of Accredited Energy Professionals (MAAEP). MAAEP represents over a hundred efficiency businesses across Missouri.
PACE efficiency or renewable energy upgrades lower your electric bills and increase your home’s value. Homes with efficiency upgrades spend fewer days on the market and sell for a higher percentage of the listing price,” says Matt Belcher chairman of the Green Building Council of the St. Louis Home Builder's Association.
Dane Glueck, owner of Straight Up Solar and President of the Missouri Solar Energy Industries Association (MOSEIA), says “We hope that PACE will allow a whole new segment of the Missouri market to install solar panels on their property, and we’re ready for them. Whereas a few years ago we had less than 5 installers across the state, today there are at least 22 firms in Missouri equipped to size and install solar electric systems.”
In Missouri, PACE has widespread support from a broad coalition of groups including Kansas City Power and Light, Missouri Public Utilities Alliance, Missouri Energy Development Association, and various renewable energy and efficiency advocacy groups. Several cities, including St. Louis, St Louis County, Kansas City, Ferguson, and Creve Coeur have also expressed interest in creating a PACE program. 18 states have already passed legislation allowing cities to pursue PACE programs since 2007, and Missouri is one of nine states working to do so this year.
