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Columbus, OH 43215


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Council to Hold Hearing on Energy-Efficiency Housing Renovation Financing Program

Council to Consider Legislation on Renovate America Home Improvement Financing Program

[COLUMBUS – OH] City Council continues its quest to make Columbus a green City. Council is considering legislation that would allow homeowners to finance energy-efficient upgrades to their property with minimal upfront costs. It is called the Residential Property Assessed Clean Energy (R-PACE) loan program.

Council will host a public hearing on the R-PACE program on Thursday, October 24th, 2019, 1pm, at the Glenwood Community Center, 1888 Fairmont Ave. 

Managed by Renovate America, the R-PACE program funds loans that are connected to the residence and repaid through the property tax bill over a specified time period. Eligible projects include solar panels, high-efficiency heating and cooling systems and other energy-efficient upgrades.

"This is a new concept for Columbus that could have the dual impact of reducing residents' utility bills and our impact on the environment," said Councilmember Emmanuel V. Remy. "With the added benefit of creating new jobs in the future-facing energy efficiency industry, we're helping move Columbus forward."

Renovate America is a financing organization focused on helping homeowners invest in environmentally sound, energy-efficient upgrades to their property. They partner with local municipalities to offer solutions to help reduce carbon emissions and create jobs.

"As the administrators of the program, we realize the City of Columbus is always looking for innovative ways to assist their homeowners. They want to provide a best in class offering," said Renovate America VP of Market Development Dustin Reilich. "We empower Americans to transform their homes by giving more people access to energy-efficient and renewable technologies."

"We are committed to strengthening our neighborhoods and bringing jobs to the City. This program would help some of our homeowners make long-term upgrades to their property while saving money today," Remy continued. "The public hearing will introduce residents and small businesses to this concept and gather their feedback."