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March 30, 2012MARYVILLE, MO | By: Grady
A northwest Missouri mayor is trying to make his community more energy efficient.
Doyle Gray of Burlington Junction is gathering support for the property assessed clean energy program or pace. The federal initiative allows counties to sell bonds to property owners for home improvements like caulking, cooling systems and other energy efficient upgrades. Those property owners would pay the county back over a 20 year period through additional property taxes. The projects would be available to residential, commercial and industrial property owners. If the property changes hands the tax would be transferred to the new owner. Pace is voluntary and local governments have the final say. Missouri Clean Energy Funding partners with local governments to provide the program.