The Kentucky Public Service Commission announced some big news on August 26, granting permanent status to a 2-year pilot program which provides on-bill financing for energy efficiency upgrades for homes and businesses. Titled How$martKY, it’s the first of its kind to get such approval in the state of Kentucky. Operated by the Mountain Association for Community Economic Development, or MACED, in collaboration with three rural electric cooperatives, the program allows for participants to pay for energy efficiency upgrades from the savings they earn on their lower electricity bills.
WMMT reported on the How$martKY program back in January 2012, during the pilot phase, and accompanied staff from MACED and Big Sandy RECC on location in Johnson County during a day of home energy audits. Here is this piece from the WMMT archives, on how the program works and what it could mean for the future of energy use in Kentucky.