Missouri Clean Energy District (Missouri)

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Summary

Last modified on February 12, 2015.

Financial Incentive Program

Place Missouri

Name Missouri Clean Energy District
Incentive Type PACE Financing
Applicable Sector Commercial, Industrial, Nonprofit, Schools, Local Government, State Government, Multi-Family Residential, Agricultural, Institutional
Eligible Technologies Comprehensive Measures/Whole Building, Custom/Others pending approval, Solar Thermal Electric, Solar Thermal Process Heat, Photovoltaics, Wind, Biomass, Geothermal Electric, Geothermal Heat Pumps, Yes; specific technologies not identified
Active Incentive Yes

Implementing Sector State/Territory
Energy Category Renewable Energy Incentive Programs, Energy Efficiency Incentive Programs








Start Date 2011-01-01

















Terms Repayment periods up to 20 years
Program Administrator Missouri Clean Energy Funding, LLC
Website http://www.mced.mo.gov/
Date added to DSIRE 2014-08-27
Last DSIRE Review 2014-09-02



References DSIREDatabase of State Incentives for Renewables and Efficiency[1]


Summary

In July 2010 Missouri enacted the Property Assessed Clean Energy Act, which led to the creation of the statewide Missouri Clean Energy District (MCED) in January 2011.


Membership


Any county, city, or incorporated town or village in Missouri may join MCED at no membership cost, allowing residents to benefit from PACE financing without requiring the local government to take on additional work load, budget impact, or liability. The Board provides the necessary administrative functions so that communities have access to funding while avoiding the burden of running another new program. A unique feature among PACE program providers nationally, MCED members have the PACE program design, administration, marketing, and financing administration provided at no cost.


MCED has engaged municipal counsel to produce specimen ordinances for the use—at no cost—of cities, towns, and counties wishing to join as a member of MCED. Current members include the following communities and counties: Belton, Branson, Cassville, Charlack, Cole County, Cooper County, Doniphan, Ferguson, Galena, Gentry County, Hartville, Hazelwood, Hollister, Independence, Jefferson City, Jackson County, Kansas City, Kirksville, Lamar, Mercer County, Mississippi County, Nixa, North Kansas City, O’Fallon, Olivette, Otterville, Ozark, Ozark County, Peculiar, Pilot Grove, Reeds Spring Sullivan County, Taney County, Town And Country, Warrensburg, West Plains.


Administration


The MCED operates as a political subdivision, with District Board members elected by member municipalities annually. To ensure local representation, each member municipality of the District designates an advisory board member. The Missouri Clean Energy Funding, LLC was selected as Missouri’s first PACE administrator.


Eligible Projects and Terms


Applications for qualifying commercial, industrial, agricultural, multi-family, not-for-profit, and public facility properties will be accepted for energy efficiency and renewable energy projects proposing any acquisition, installation, or modification on public or private property designed to reduce the energy consumption of the property. Nearly any project which can show an energy saving with a reasonable payback qualifies.


MCED PACE financing is currently suspended for residential projects.


Property owners repay PACE financing over a period up to 20 years through additional payments on their property tax bills.


Incentive Contact

Contact Name J.L. "Kris" Christopher
Department Missouri Clean Energy District





Phone (866) 554-4083 Ext:701




     
     


  • Incentive and policy data are reviewed and approved by the N.C. Solar Center's DSIRE project staff.[1]

References

  1. 1.0 1.1  "Database of State Incentives for Renewables and Efficiency"