MPOWER Placer is a countywide program to promote more efficient use of water and energy, enable property owners to reduce energy costs, and strengthen our local economy through job creation.
Now, more than ever, residential and non-residential property owners are looking for ways to save money on their energy bills; reduce their impact on the environment; and stimulate the local economy. With the help of MPOWER Placer (Money for Property Owner Water and Energy efficiency Retrofitting), that goal couldn’t be easier. MPOWER Placer will finance energy efficiency improvements and energy generation systems such as solar photovoltaic to qualified Placer County property owners, with no upfront costs.
The financing model is called Property Assessed Clean Energy (PACE). The financed amount is amortized and the annual amount due is added to your property tax bill each year until paid in full. If the property is sold the equipment and the unpaid amount stay with the property.
The money you save on water and energy could be more than enough to repay the additional amount on your property tax bill.
“Saving energy is real money in your pocket that you can use for other needs”.
A wide variety of improvements are eligible for MPOWER Placer financing including: Envelope Sealing & Insulation, Lighting, HVAC Upgrade, Water Heating, Water Conservation, Renewable Energy, and Custom Measures.
For more Information, go to http://www.mpowerplacer.org/