Letter: Urge legislators to support PACE bill – Missoulian, March 8, 2017

March 8, 2017

Categories: Clean Energy, Legislature, Letters, News

In order to better serve building owners and to provide lots of jobs in energy efficiency, High Plains Architects urges the Montana Legislature to pass PACE-enabling legislation, Senate Bill 330.

Many of us are aware that energy-efficiency is one of the best investments available, as the utility savings can be far greater than the cost of the efficiency project. Additionally, these projects provide better comfort and reduced maintenance costs.

However, despite these benefits, many businesses and homeowners aren’t taking advantage of the opportunity. The main reasons are the upfront cost and the concern that the owner may sell the building before the efficiency project has been paid off. But our legislature can pass SB 330 to address these challenges and allow Montanans easy access to the benefits of energy efficiency. Montana can join the 33 other states in the country that allow Property Assessed Clean Energy (PACE), which uses private capital from banks and investors to fund the upfront cost of energy efficiency upgrades.

Just like a special improvement district for paying for sidewalk improvements, building owners can pay—it’s a voluntary program—for their PACE projects through their property taxes over a 5 to 20 year term. The savings for the project are greater than the annual property assessment, so the owner saves money from day one.

Please join High Plains Architects in urging your legislators to support SB 330 so that we can all tap into the benefits of energy efficiency.

Ed Gulick,
High Plains Architects,
Billings

http://missoulian.com/news/opinion/mailbag/urge-legislators-to-support-pace-bill/article_9c06ac8c-aa43-5f89-b1a9-cbffb6c16113.html

NORTHERN PLAINS RESOURCE COUNCIL
220 South 27th Street, Suite A
Billings, Montana 59101
(406) 248-1154
info@northernplains.org