New Montana program would help fund energy-efficiency upgrades

Depending on what happens during the legislative session now underway, Montana could join 32 states that offer their residents an innovative, low-cost method of financing energy-efficiency projects for houses and businesses.

The method is known as Property Assessed Clean Energy, which enables property owners to obtain no-money-down loans and pay them off over many years as part of their county property tax assessments.

A key part of the program is that most projects–adding insulation, on-site renewable energy sources, new heating and cooling systems, etc.–are expected to yield annual energy savings that are equal to or greater than the increase in property taxes.

By: Ed Kemmick

Full Story: http://lastbestnews.com/site/2017/01/new-program-would-help-fund-energy-efficiency-upgrades/