Projects

Complete Projects

Eligible Properties

This program is only available to commercial properties located within St. Louis County, Missouri, including facilities serving commercial and industrial businesses, non-profits, government/municipal services, multifamily properties with four or more dwelling units.

PACE can fund energy efficiency improvements or the installation of renewable energy systems in new construction, as well as renovations of existing buildings. PACE may also be applied for retroactively following the installation of qualifying measures.

Eligible Projects

An eligible energy efficiency or renewable energy improvement project must meet these requirements: 1) PACE financing terms should not exceed the expected life of the proposed measure. 2) Measures must be permanently affixed to the real property or building, which the property owner will leave with the property upon sale or transfer of title. 3) Measures must reduce energy usage or generate renewable power for the property. If the property is vacant or underutilized at project inception, the energy savings of new equipment can be compared to the energy use of existing equipment using modeling simulations under a new building use or higher occupancy rates.

Eligible Measures

included but not limited to:

Heating & Cooling

Envelope Improvements

Energy Efficiency

Renewable Energy

New automated building and HVAC Controls
Demand controlled ventilation
High efficiency furnaces and/or boilers
High efficiency heater
Heat pumps
High efficiency AC
Combustion and burner upgrades

Building enclosure/envelope improvements
High efficiency windows and doors
Roofing upgrades or replacement
Tuckpointing
Insulation

LED light fixtures
Occupancy Sensors and controls
Variable speed drives (VSDs) on motor fans and pumps
Electronically commutated motors
Daylighting
High efficiency DHW
Efficient elevator system
Heat recovery and steam traps
Combined heat and power systems

Solar PV system
Geothermal systems
Renewable Natural Gas systems
Wind power

Ineligible projects

Compact flourescent, screw-in lamps
Plug load devices
Measures that are not permanently installed and can be easily removed
Measures that save energy solely due to operational or behavioral changes
Power correction, power conditioning
Any measure that does not result in energy savings or renewable energy production.
Any measure that cannot reexplained in terms of industry-standard engineering or scientific principles
Refrigerant charge (AC/Split Systems/Heat Pumps)

Project Cost

The estimated economic benefit expected from the project during the financing period must be greater than the cost of the project. This includes the costs of energy audits. A property owner making or installing an improvement or application using PACE funding must obtain a project proposal from the contractor or project engineer that the improvement or application will achieve a savings-to-investment ratio (SIR) of greater than 1.0. SIR = total estimated savings over term + total incentives/PACE funding amount

Eligible Property Owners

The person or persons possessing the most recent fee title or land contract vendee’s interest of an eligible property as shown by the records of the St. Louis County Recorder of Deeds office. To be eligible to participate in the program, an eligible property owner must, at a minimum:

Agree to participate in annual surveys and program evaluations, which may include access to utility bill usage information.
Obtain written consent of existing mortgage lenders of participation in the PACE program
Certify that they (and its corporate parent if the property owner is a single-purpose entity) are solvent and that no proceedings are pending or threatened in which the property owner (or the corporate parent, as applicable) may be adjudicated as bankrupt, become the debtor in a bankruptcy proceeding, be discharged from all of the property owner’s (or corporate parent’s, as applicable) debts or obligations, be granted an extension of time to pay the property owner’s debts or be subjected to a reorganization or readjustment of the property owner’s debts. The property owner must also certify that the property owner has not filed for or been subject to bankruptcy protection in the past three years.
Be current in the payment of all obligations secured by the subject property, including property taxes, assessments and tax liens and have had no delinquencies within the past 3 years (or since taking title to the subject property if it has been less than 3 years).
Have no involuntary liens, defaults or judgments applicable to the subject property.
Certify that it is not party to any litigation or administrative proceeding of any nature in which the property owner has been served, and that no such litigation or administrative proceeding is pending or threatened that, if successful, would materially adversely affect the property owner’s ability to operate its business or pay the contractual assessment when due.

For questions on eligible PACE projects, contact the PACE manager at PACE@moenergy.org or 573-616-1046

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