Commercial and Residential Contractors: How can Set the PACE St. Louis help … · As a residential...

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Commercial and Residential Contractors: How can Set the PACE St. Louis help grow your business? Low cost financing for energy efficiency/ renewable energy upgrades is now available to commercial and residential property owners in the City of St. Louis. Set the PACE St. Louis is an innovative method for property owners to finance energy improvements for their homes or businesses. As part of the City of St. Louis Sustainability Plan, Set the PACE St. Louis enables residential and commercial building owners to finance energy efficiency, water efficiency and renewable energy upgrades with a novel funding mechanism that offers distinct advantages over traditional equity loans. SetthePACEStLouis.com

Transcript of Commercial and Residential Contractors: How can Set the PACE St. Louis help … · As a residential...

Page 1: Commercial and Residential Contractors: How can Set the PACE St. Louis help … · As a residential or commercial property contractor, you and your customers should know about Set

Commercial and Residential Contractors:

How can Set the PACE St. Louis help grow your business?

Low cost financing for energy efficiency/renewable energy upgrades is now available to commercial and residential property owners in the City of St. Louis.Set the PACE St. Louis is an innovative method for property owners to finance energy improvements for their homes or businesses. As part of the City of St. Louis Sustainability Plan, Set the PACE St. Louis enables residential and commercial building owners to finance energy efficiency, water efficiency and renewable energy upgrades with a novel funding mechanism that offers distinct advantages over traditional equity loans.

Set the PACE St. LouisSetthePACEStLouis.com

Page 2: Commercial and Residential Contractors: How can Set the PACE St. Louis help … · As a residential or commercial property contractor, you and your customers should know about Set

As a residential or commercial property contractor, you and your customers should know about Set the PACE St. Louis.

Set the PACE St. Louis offers a unique financing mechanism to enable more people to participate in the energy retrofit revolution.

Some of the attractive and unique characteristics of PACE financing are:

3 Off-balance sheet accounting

3 Low up-front investment

3 Immediate positive cash-flow

3 Long-term financing

3 Ability to pass payments through to tenants

3 PACE financing stays with the property upon sale

3 Low interest rates

3 Greater long-term property value

Visit our website at SetthePACEStLouis.com

What’s the advantage of PACE financing?

Making your project eligible for PACE financingA certified energy audit is highly recommended to achieve the best energy savings, home or work safety and public benefit. A select group of prescriptive measures are eligible without performing an audit. These measures have a high level of energy savings, such as, replacing a low efficiency furnace with a high efficiency model would qualify.

Your project must qualify under the Missouri PACE statute, namely, being verified by a program administrator as having an economic benefit equal to or greater than the cost of the project, and per the U.S. Department of Energy PACE guidelines, having an “expected Savings-to-Investment Ratio (SIR) greater than one,” with the, “financed package of energy improvements (being) designed to pay for itself over the life of the assessment.”

12545 Olive Blvd., Suite 184 Saint Louis, MO 63141

314.499.8756

SetthePACEStLouis.com

Set the PACE St. Louis

Property owners want to feel good about their investment, both in you and their property. This program offers you the chance to deliver to your customers an accessible means to improve their investment — an investment that’s about St. Louis pride.

SetthePACEStLouis.com is the online portal through which you and your customers can explore the benefits of PACE financing and find out whether the property improvements you are contemplating qualify. You and your customers can then sign-up for Set the PACE St. Louis through an online application or by filling out a printable version to be mailed in.

Residential and commercial contractors participating in Set the PACE St. Louis will receive a marketing kit including materials tailored for

property owners. As a participating contractor, your business will be listed on the Find Contractors section of the website. Prospective customers will visit our website and select their contractor(s) from this list. Program participation fees for residential or commercial contractors range from $100-$800 depending on your contracting category(s).

For more information, there is a Frequently Asked Questions (FAQ) section on SetthePACEStLouis.com.

Energy efficiency expertise: “It literally changed our company.”