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Funding Resources
Funding Resources
| Jefferson City, MO - Property Assessed Clean Energy | |
|---|---|
| Type of Incentive | Loan |
| Eligible States | MO |
| Eligible Technology | Backpressure Turbine, Boiler, Combustion Turbine, Condensing Turbine, Extracting Turbine, Fuel Cell, Microturbine, Other, Reciprocating Engine, Heat Recovery Generator, Stirling Engine |
| Eligible Fuel | # 2 Fuel Oil, # 6 Fuel Oil, Biogas, Biomass, LFG, Municipal Solid Waste, Natural Gas, Other |
| Eligible Project Size | All (MW) |
| Critical Information |
100 percent of installation costs 20-year maximum Payment stays with the property 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. |
| Start Date | 1/3/2011 |
| End Date |
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| Minimum Efficiency (%) |
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| Additional Information | In January 2011, Jefferson City became the first city in Missouri to adopt the PACE ordinance. The program provides 100 percent of up-front costs for energy efficiency and renewable energy projects for residential and business properties. The Clean Energy Development Board is responsible for establishing financing sources and methods for program application and project selection. |
| Web Site |
http://www.mocefllc.com/ |
| Additional Web Site |
http://www.dsireusa.org/incentives/incentive.cfm?Incentive_Code=MO112F&re=1&ee=1 |
| Primary Contact |
Michelle Gleba 320 East McCarty Jefferson City, MO 65101 (573) 634-6377 |