The Missouri Clean Energy District is a state-wide political subdivision established to provide unlimited capital to fund energy efficiency and renewable energy projects. Property owners – both public and private – within member communities may apply for PACE financing.
Operating through intergovernmental cooperation, Missouri communities may join the District to make funding available to all property owners within their jurisdiction. There is no membership cost to local governments and no risk because no public funds are used for financing. The program does benefit from governmental oversight by virtue of a Board of Directors and an Advisory Council selected by the member communities. Through the advantages of public-private partnerships, the District’s mission of delivering a market based offering that realizes the public purpose of improving the state’s energy footprint and quality of the built environment is at hand.
The District is authorized by the Missouri PACE Act (RSMo 67.2800, et Seq.). As a political subdivision of the state, the Missouri Clean Energy District shall for all purposes be considered an independent entity and not a subdivision of any current or future member of the district. Formed as state-wide intergovernmental construction, the district’s jurisdiction expands as member communities join with the district thereby delivering a more efficient program offering for all.