MANCHESTER/DORSET - After years in development, Property Assessed Clean Energy (PACE) is becoming a reality in Vermont.

PACE provides financing that helps make residential efficiency and renewable projects pay for themselves, with annual energy savings higher than loan payments on qualifying projects.

Efficiency Vermont recently announced that starting Sept. 1, they will begin accepting PACE applications from homeowners in towns that have passed PACE at their town meetings - and that includes Dorset and Manchester. Part of the process requires working with a contractor to develop a scope of work for energy improvement projects. Those interested are encouraged to have an energy audit now so that they are ready.

PACE financing will be available several times a year, and this first opening will be available for projects completed by Dec. 31. People who plan to participate in PACE will also want to take advantage of the Home Performance with Energy Star program. People might be eligible for incentives of up to $2,100 for home energy efficiency projects, and Efficiency Vermont is offering an additional $500 bonus for all Home Performance projects completed by Dec. 31. All the details of the PACE program can be found at http://www.efficiencyvermont.com/for_my_home/financing_options/ including:
Details include the list of towns that have passed PACE, project and homeowner eligibility criteria, steps to participate, and an application form.

For more information on PACE, contact pace@efficiencyvermont.com or 1-888-921-5990. Manchester residents should contact Lee Krohn at l.krohn@manchester-vt.gov. Dorset residents should contact either Town Manager Rob Gaiotti townmanager@gmail.com or Jim Salsgiver at jsalsgiver@hotmail.com.