- What is the difference between PAYS & PACE?
- What is "Inclusive Financing" for energy upgrades?
- Why is a "tariff-based" model so important?
- Who owns energy upgrades when all costs are recovered?
- What’s the largest utility providing this around the country?
- How do we combat the utility argument from utilities that they "can’t afford to update their IT systems”?
- What is the best route for us to push this in Minnesota? What are key hurdles or barriers?
- What happens when a metered site is demolished before the term of service is finished?
- How could this work for wind power?
- Why would utility companies offer this kind of financing?
- How long are payback periods for energy upgrades and how do those paybacks work with Inclusive Financing mechanisms like PAYS?
- Would the PAYS model work for rural electric coops?
To Whom It May Concern:
Thanks for working over the past two decades to make sure that Minnesota is a national leader in renewable energy. As you work to ensure that the Clean Power Plan is implemented in Minnesota, please prioritize energy equity in addition to carbon reduction. Right now, too many barriers keep low-income families and families with less than perfect credit from investing in renewable energy, energy efficiency, and weatherization improvements. We call on you to work with us to identify concrete and measurable ways to remove those barriers so that all customers, regardless of income or credit score, can improve their homes, help our state move to 100% renewable energy, and build their family’s wealth.
Please, work with us to remove barriers that stand in the way of participation by:
1) Promoting workforce training programs that bring in low income communities and communities of color.
2) Supporting a lower price per kilowatt hour for people who consume less energy, known as "an inclining block rate structure."
3) Advocating for tariff-based on-bill repayment mechanisms for energy efficiency and renewable energy projects, so that every Minnesotan will have access to the benefits and wealth building potential of the new energy economy.