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Incentives/Policies for Renewables & Efficiency

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Set the PACE St. Louis   

Last DSIRE Review: 08/27/2014
Program Overview:
State: Missouri
Incentive Type: PACE Financing
Eligible Efficiency Technologies: Ceiling Fan, Water Heaters, Lighting, Furnaces , Boilers, Heat pumps, Central Air conditioners, Programmable Thermostats, Caulking/Weather-stripping, Duct/Air sealing, Building Insulation, Windows, Doors, Comprehensive Measures/Whole Building, Whole House Fans, Pool Pumps, Evaporative Coolers, Cool Roof, Cool Wall
Eligible Renewable/Other Technologies: Solar Water Heat, Photovoltaics
Applicable Sectors: Commercial, Residential, Installer/Contractor, Multi-Family Residential
Terms:Maximum financing amount is 10% of the value of the property
Minimum financing amount is $2,500
Repayment periods of up to 20 years
Funding Source:PNC Bank
Web Site:

Set the PACE St. Louis provides 100% upfront, fixed rate, long-term financing to property owners for qualified energy upgrades, including energy efficiency, water efficiency, and renewable energy systems. Property owners repay PACE financing over a period up to 20 years through additional payments on their property tax bills. Financing is structured so that energy savings must more than offset the additional property tax assessment.

Commercial property owners, community associations (e.g., Home Owners Associations), and some residential property owners are eligible for Set the PACE St. Louis. Currently, only residential property owners who own their home without an existing mortgage can qualify for actual property assessed financing due to concerns raised by the Federal Housing Finance Agency (FHFA). There are, however, alternative financing options available to residential property owners with the Set the PACE St. Louis program, including home equity financing or energy efficiency mortgages (EEMs).


Set the PACE St. Louis is administered by Energy Equity Funding, LLC on behalf of the St. Louis Clean Energy Development Board, with project financing provided by PNC Bank.


Eligible applicants can apply online or fill out a hard copy and will be notified of preliminary approval within 48 hours. The applicant then selects a participating energy auditor or consultant who analyzes the property to generate a project plan with the goal of maximizing energy efficiency. Based on the results of the project plan, the applicant selects the projects they want done and chooses a contractor to complete the project. The applicant then must complete a loan application and a work plan. The cost of the initial energy consultation can be included in the PACE loan to reimburse the property owner. After the lending institution approves the loan, construction on the improvement may begin.


The maximum financing amount for a Set the PACE St. Louis project is 10% of the value of the property, and the minimum financing amount is $2,500. Loans can be amortized over 5, 10, 15, or 20 years depending on what improvements will be made to the property. Interest on PACE financing could be tax deductible depending on the personal filing.

For complete terms, conditions, and eligibility requirements, visit the Set the PACE St. Louis website or contact a program representative for more information. 

  Program Administrator
Set the PACE St. Louis
Phone: (314) 499-8756
NCSU - home
Disclaimer: The information presented on the DSIRE web site provides an unofficial overview of financial incentives and other policies. It does not constitute professional tax advice or other professional financial guidance, and it should not be used as the only source of information when making purchasing decisions, investment decisions or tax decisions, or when executing other binding agreements. Please refer to the individual contact provided below each summary to verify that a specific financial incentive or other policy applies to your project.

While the DSIRE staff strives to provide the best information possible, the DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. make no representations or warranties, either express or implied, concerning the accuracy, completeness, reliability or suitability of the information. The DSIRE staff, the N.C. Solar Center, N.C. State University and the Interstate Renewable Energy Council, Inc. disclaim all liability of any kind arising out of your use or misuse of the information contained or referenced on DSIRE Web pages.

Copyright 2014 - 2015 North Carolina State University, under NREL Subcontract No. XEU-0-99515-01. Permission granted only for personal or educational use, or for use by or on behalf of the U.S. government. North Carolina State University prohibits the unauthorized display, reproduction, sale, and/or distribution of all or portions of the content of the Database of State Incentives for Renewables and Efficiency (DSIRE) without prior, written consent.