Would you like a way to improve your building while saving a significant amount of money in the long run? With Property Assessed Clean Energy (PACE), you can increase your bottom line while lowering your energy costs. PACE offers fixed long-term financing for energy efficiency and renewable energy measures repaid with an assessment on the property. PACE is all private capital with no government funding.

PACE financing can also be used with utility energy incentives and tax credits. 

With PACE, you can upgrade your building with:

• No upfront costs  

• 20-year fixed-rate funding which provides an immediate return on investment for long-payback upgrades

• No required payoff upon sale

• Shared costs and benefits with your tenants

Missouri statute requires that the estimated economic benefit expected from the project during the financing period be greater than the cost of the project.  A property owner submitting an application for funding through the Set the PACE program must verify that the measures will achieve a savings-to-investment ratio (SIR) of greater than 1.0. The SIR is calculated with this formula: SIR = total estimated savings over term + total incentives/PACE funding amount.