HERO PACE financing program launches in Jackson County and Kansas City MO
Written By: Stratton Report
September 14, 2016
On September 14, the HERO program announced that the HERO PACE financing program will be available to homeowners in Jackson County and Kansas City, Missouri starting September 15, 2016.
Per the program, HERO is becoming available to Missouri communities that join the Missouri Clean Energy District. Kansas City, Missouri, and Jackson County were among the first communities to join MCED.
Kansas City Councilman and Mayor Pro Tem Scott Wagner noted:
“Kansas City wants to be a trailblazer when it comes to the clean energy economy in the state of Missouri, and that’s why we were one of the first to adopt the HERO Program. The program is a tremendous opportunity for homeowners to lower their utility bills and make their homes more comfortable while boosting the local cleantech economy – all at no cost to taxpayers.”
The HERO Program is run by Renovate America and MCED. The program emphasized that because of the nature of its public-private partnership, HERO financing includes additional requirements to protect consumers not found in other payment options like credit cards or home equity loans.
John Maslowski, Vice President of Market Development, Missouri, for Renovate America commented: “We’re excited to collaborate with our local government partners and contractors in the Kansas City metro area to make energy improvements more accessible and affordable for property owners while enhancing local economic growth.”
The HERO Program has a partnership with the Electric & Gas Industries Association, allowing participating contractors can receive additional member benefits through the EGIA marketplace.