New financing option for county business owners

RACINE COUNTY — Business owners who have been meaning to replace that aging HVAC system or boiler have a new way to do it.  The Racine County Board has approved joining a statewide energy efficiency group that gives county business owners long-term financing for improvements to their facilities.  The Property Assessed Clean Energy Commission helps facilitate loans to business owners for various components of a building, like lighting, windows, insulation, boilers, compressors, motors and HVAC systems.  “By installing more efficient equipment, those businesses save money on their utility bills,” said Jason Stringer, program manager of PACE Wisconsin. “They also save money on their operating costs and expenditures because they don’t have to pay as much to maintain equipment. They use those savings to retire the debt.”

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