St. Louis County SAVES Program
Offers Help to Local Homeowners
Is your air conditioning unit on its last legs after being overworked during the days of triple-digit temperatures? Or, does your house need more insulation, a furnace replacement or leaky windows fixed before the cold weather hits our area?
If you answered "yes" to any of these questions, then you as a Hazelwood homeowner should take advantage of the St. Louis County SAVES™ program.
In May 2011, St. Louis County launched a $10.4 million program for energy efficiency loans for local residents. So far, the program has closed over $1.3 million in loans. Plenty of money is still available over the next two years. Not only does this help qualified homeowners save money, improve their property value and increase energy efficiency, but it boosts the County's economy by creating jobs for skilled workers in our area.
"Homeowners can see immediate improvements to their homes that payback quickly in terms of better health, greater comfort, and lower energy bills," said Anne Klein, director of sustainability for St. Louis County.
St. Louis County SAVES™ leads the nation in leveraging private investment through Qualified Energy Conservation Bonds (QECB's) that provide low interest rates for green community programs. Loans to homeowners require a minimum credit score of 660, range from $2,500 to $15,000, and have up to a 10-year payback plan at a rock bottom interest rate of 3.5 percent.
For more information, visit the program website at www.stlouiscountysaves.com.