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November 16, 2016 – mPOWER opens for property assessed clean energy projects in Nevada County and the cities of Grass Valley, Truckee, and Nevada City on November 21. Nevada County mPOWER applications will be available online starting November 18.
In anticipation, mPOWER scheduled its first Nevada County property owner and contractor seminars in Grass Valley and Truckee for interested applicants. The free seminar lasts about 40 minutes. No reservation required.
Grass Valley Truckee
Nov. 16, 2016 Nov. 18, 2016
3:30 p.m. 3 p.m.
City Hall Town Hall
125 E Main Street 10183 Truckee Airport Road
Grass Valley Truckee
“We are pleased to announce that property owners in Nevada County can now apply to finance energy efficiency improvements and repay it through an assessment on their property tax bill,” said Jenine Windeshausen, mPOWER Administrator. “Residential, commercial, industrial and agricultural property owners can use mPOWER financing for energy efficiency improvements that save money, conserve energy and create local jobs.”
Energy efficiency improvements may include a new furnace and air conditioner, energy efficient windows, or even a solar photovoltaic system. Water conservation improvements can also be financed with mPOWER and include measures like on-demand hot water heaters, smart irrigation controllers and high-efficiency toilets. mPOWER can finance up to 100% of the project costs with a fixed-interest rate and terms up to 20 years for many improvements.
The mPOWER program (Money for Property Owner Water & Energy Retrofits) has funded more than $57 million in energy efficiency and water conservation projects for both residential and non-residential property owners in Placer County. Participation in PACE is completely voluntary, and there are no pre-payment penalties and no out-of-pocket fees.
For applications and more information about mPOWER and PACE financing, visit www.mpoweradvantage.net or call 877-396-7693.