Mo. homeowners could get loans for energy fixes - KAIT Jonesboro, AR - Region 8 News, weather, sports

Mo. homeowners could get loans for energy fixes

JEFFERSON CITY, Mo. (AP) - Missouri homeowners could get help with energy efficiency through a proposed financing program that would pay for the initial improvement costs. The Property Assessed Clean Energy program is making its way through the Legislature.

The program would let cities and counties issue bonds to make loans to homeowners for energy-saving improvements. Homeowners would have up to 20 years to pay off a loan through a special property tax assessment, which could be passed to the next owner if the home were sold.

Legislation authorizing the program passed the Missouri House by a 137-9 vote Thursday. The Senate is considering a similar measure. The bill would also require new state buildings to meet certain energy standards and would outline registration of compost facilities. --- House version is HB1871 On the Net: Legislature www.moga.mo.gov

 (Copyright 2010 by The Associated Press. All Rights Reserved.)

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