Comments on: Decatur Considering PACE Energy Financing http://www.decaturmetro.com/2010/05/28/decatur-considering-pace-energy-financing/ Decatur Georgia News, Events, Atlanta News Tue, 05 Nov 2013 02:19:13 +0000 hourly 1 http://wordpress.org/?v=3.6.1 By: KC Boyce http://www.decaturmetro.com/2010/05/28/decatur-considering-pace-energy-financing/#comment-41121 KC Boyce Fri, 28 May 2010 21:08:58 +0000 http://www.decaturmetro.com/?p=20705#comment-41121 PACE’s benefit is all in the cash flow. If you can finance something at a low interest rate (typically obtainable via government bonds) over a long time, the monthly cost savings from utilities can outweigh the cost of financing. For example a $20k project financed over 30 years at 6% only needs to reduce monthly utility bills by $120 to break even.

Even in the case where there isn’t a breakeven, I suspect many Decaturites would pay a bit extra each month for a healthier, more energy-efficient home.

PACE is something that the Environmental Sustainability Board is studying & hoping to be able to make a recommendation to the Commission on soon. We welcome public participation in our monthly meetings, 8-10 am on the third Friday of each month in the Commission meeting room.

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