What We Do

Missouri Clean Energy District is a statewide initiative committed to uniting Missourians to strive toward reaching our state’s energy goals. That’s why MCED is inviting you to Do Your Part™—to help increase energy efficiency for the future of Missouri; our part of the world. We’re here to give you the financing tools, knowledge and, above all, inspiration to do your part, for yourself, your organization and your community, to save energy.

It takes every one of us to keep moving Missouri forward as a smart energy leader, so we can’t succeed without you. We support the State of Missouri in its quest to expand energy efficiency and reduce greenhouse gas emissions. If that seems ambitious, that’s because it is. But the good news is, all it takes to get started is the flip of a light switch or the turn of a dial; even investing in an energy project. In fact, the state is already on track to getting unlimited capital resources for energy projects to every community in our state. So keep doing your part, Missouri – and maybe do just one more little thing. Because at MCED we know that all those, energy-efficient upgrades, like switching to LED light bulbs or installing an efficient HVAC system, add up to a cleaner, healthier, more prosperous state, and can preserve our incredible environment for generations to come.

Our Purpose

MCED was created to motivate and educate Missouri residents and businesses about energy management. Our useful financing programs and actions can help them better manage their energy use overall. We want to help people understand that using energy more efficiently can help them live better and can help businesses to do better. We provide inspiration and guidance on better energy management and encourage innovative policy discussions. We aspire to serve as a positive example nationally by inspiring other states to pursue a similar vision and path.

Open Source Programs

MCED recognizes the value of operating as an open-source platform to bring borrowers and investors together. We are pleased to engage with a broad range of interests from both sides of the transaction. Our attitude is; more options are good for everyone.

Our Partners

MCED is supported by an alliance of market partners, local governments, community choice advocates, businesses and nonprofits to assist communities in meeting state and local energy and environmental action goals. Our funding comes entirely from district operations. MCED does not use one dollar of taxpayer, state general revenue or local government money.

Renovate America:  residential program partner

The HERO Program from Renovate America provides homeowners access to financing for energy-efficient and renewable energy home improvements. HERO empowers homeowners to replace their windows and doors, upgrade their HVAC, go solar, and more, and pay for the improvements over time at a fixed interest rate via an additional, voluntary line item on their property taxes. The products installed must meet federal and state efficiency standards, and many homeowners are able to lower their monthly utility bills as a result.

Greenworks Lending:  commercial program partner

Greenworks Lending is a cutting edge private finance company that taps into the power of C-PACE to unlock energy savings in commercial real estate. Founded by the architects of the most successful commercial PACE program in the country, the team at Greenworks Lending has more experience in PACE than anyone in the industry.

USDA:  special program funder

MCED has been approved for the USDA Intermediary Relending Program (IRP). As such, the district can offer special financing to energy projects which carry very favorable terms for the purpose of encouraging property owners to execute on their energy projects.

Central Bank:  public facilities program partner

Central Bank is a Missouri based regional bank that understands the importance of energy project finance. Central partners with MCED by providing credit facilities adding flexibility to district programs.

Tax Credit Programs

MCED is the only issuer in the State of Missouri to successfully issue Qualified Tax Credit Bonds. These direct pay tax credit bonds are very valuable and can substantially reduce borrowing costs for qualifying projects.

Missouri Comprehensive State Energy Plan, Department of Economic Development, Energy Division October 2015

Utilizing Missouri’s Property Assessed Clean Energy Act: 
Some property owners may be unable to make energy efficiency improvements to their buildings because the costs of making these improvements will not be recouped through reduced energy bills for several years. Property Assessed Clean Energy (PACE) programs help eliminate this barrier by providing a simple and effective way to finance energy efficiency, renewable energy, and water conservation upgrades to both residential and non-residential buildings. Under PACE programs, municipalities and counties form special taxing districts that can issue bonds to help property owners finance energy retrofits by allowing a property owner to place an additional tax assessment on his or her property. Both residential and commercial property owners can utilize these loan programs to obtain financing for clean energy improvements that are repaid through property tax assessments over a 20-year period. PACE in Missouri is gaining momentum but there is great potential to finance more clean energy projects using this innovative model. Additional marketing, outreach, and technical assistance are needed and can play a key role in the program’s success. Participating municipalities could publicize their membership in the Missouri Clean Energy Board by using community groups to disseminate public information and by connecting with local community and neighborhood associations, small business groups and clubs, local nonprofit organizations, and others who can become effective advocates for PACE. It is also important to engage energy efficiency contractors and solar installers to help educate their customers about clean energy options and market PACE financing as a tool. In conducting our analysis and soliciting public input during the Plan development process it became apparent that Missouri’s pathway to achieving these goals is grounded on: Promoting Efficiency of Use: Energy efficiency leverages all forms of supply by stretching the value of a given unit. Using energy more wisely is a first step in optimizing Missouri’s energy system.
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