Earthworms

PACE: Financing Clean Energy, Boosting Your Property Values

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Synopsis

We all know that using less energy pays (don't we?) by cutting utility bills, reducing demand for fossil fuels and belching less carbon into Earth's climate. But the issue of how to pay for energy efficiency upgrades to your home or commercial property can be a hurdle too high to leap. Enter PACE, Property Assessed Clean Energy, a financing process that ties the value of improvements - and lending to support them - to the value of your property, not to your personal credit capacity. Across Missouri, including the KDHX service area, the HERO program is connecting municipalities (they levy property taxes) to lenders to energy-smart contractors to property owners to build PACE into our energy usage.                    John Maslowski, VP of Marketing and Development for HERO in Missouri, tells Earthworms host Jean Ponzi the what-why-how of PACE. The program's website includes a spiffy animation that explains it too. John and Jean go into what kinds of efficiency measures HERO can finance, connecting with contract