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ESP December 12, 2014 News

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First PACE financed project launches in Kansas City

Originally Published in Real Estate News on MetroWire Media - Kansas City
December 12, 2014

A new green initiative in Kansas City has launched with its first project on the Country Club Plaza. The new Property Assessed Clean Energy (PACE) financed project will help Signature Property Management save more than $55,000 a year in utility and operating costs for Wornall Plaza Condominiums following $670,000 worth of renovations.

The project was led by Energy Solutions Professionals, which guarantees its energy efficient upgrades through an Energy Performance Contract.

“This project will reduce energy use, improve comfort in the historic building, and replace aging equipment that would have otherwise required increased fees or special assessments to our residents,” Signature Property Management President Jerry Miller said. “It’s truly a win-win for owners and for the environment.”

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