Under PAYS, the utility provides the funds and owns the energy upgrades until they've been paid off typically over 10 or 12 years and are incorporated into the utility bill. When a customer moves, the payments -- along with the energy savings -- accrue to the next renter or owner.
The program requires that the financial savings of energy upgrades exceed the cost enough so that the average monthly utility bill is about 20 pct lower than previously.
The Missouri Public Service Commission has indicated support for PAYS but to date the PAYS program has been primarily used by rural electric cooperatives.
An alternative financing model, Property Assessed Clean Energy (PACE), is available to homeowners in Missouri but is not an option for renters.
(Source: Missouri Public Service Commission, Energy News, 7 Feb., 2019) Contact: Ameren Missouri
Empire District Electric Co., www.empiredistrict.com; Missouri Public Service Commission, https://psc.mo.gov; KCP&L, Kim Winslow, Dir. of Energy Solutions, www.kcpl.com
More Low-Carbon Energy News Energy Efficiency, KCP&L, Ameren Missouri,
Additionally, previously this year the utility filed a green tariff and a rate case including a community solar proposal that would allow the utility to acquire wind energy for city operations. The community solar proposal would add at least 3 cents per kilowatt hour for residential customers to the cost of electricity from solar.
(Source: KCP&L, Kansas City, Energy News, May, 2018) Contact: KCP&L,
Kim Winslow, Dir. of Energy Solutions, www.kcpl.com; Kansas City,
Dennis Murphey, Environmental Officer, (816)513-1313, www.kcmo.gov
More Low-Carbon Energy News KCP&L, Renewable Energy,
The project, which is expected to be commissioned and operational by the year end, will generate approximately 1,250 GWh of tpy of CO2. The project has a PPA in place with
Kansas City Power & Light (KCP&L) and KCP&L Greater Missouri Operations Company.
(Source: Enel Green Energy, 30 May, 2017) Contact: Enel Green Power NA, Connor Branch, Bus. Dev., (978) 681-1900, www.enelgreenpower.com
More Low-Carbon Energy News Enel Green Power North America, Wind,