Missouri Utility to Test On-Bill Payments for Fund Home Energy Retrofits
A Missouri utility is moving to clear one of the barriers to home energy retrofits, with a pilot program to cover the up-front cost of the work on its customers’ behalf.
Ameren Missouri is hoping to attract 1,000 of its least energy-efficient users to the program with the promise that they’ll pay nothing when work gets under way, then reimburse the utility out of the energy dollars they save.
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“The program is likely to be most successful with customers that are already highly inefficient energy users,” Energy Central reports. “A typical candidate likely will be a household with an outdated electric heating system, little if any ceiling insulation, poor air sealing around windows and doors, and inefficient lighting.”
Ameren organized the 12-month pilot, which is set to begin in 2022, after a state regulator instructed three utilities to evaluate on-bill payments as a way to finance home energy retrofits.