The Pay As You Save® program allows customers
to upgrade homes with little or no upfront costs
KANSAS
CITY, Mo., May 16, 2022 /PRNewswire/ -- Spire and
Evergy are teaming up to offer Pay As You Save (PAYS®),
a program helping Missouri
customers reduce their utility bills through energy-efficiency
upgrades with little to no upfront costs.
While Evergy launched a PAYS program in 2021, this is the first
time Spire and Evergy are jointly offering PAYS to assist customers
of both utilities.
To participate, customers sign up for a free, no-obligation home
energy assessment. Energy analysts create a customized plan
outlining recommended cost-effective energy-efficient upgrades such
as a new air conditioner, furnace, water heater, duct sealing, or
insulation improvements.
Through this new program customers repay the qualifying upgrade*
cost through a fixed monthly charge on their utility bills. For
all-electric homes, the entirety of the upgrade that qualifies for
financing is done through Evergy, and if a home also uses natural
gas, Spire will finance the cost for the natural gas savings
upgrades. PAYS financing charges will then be split and reflected
on both Spire and Evergy bills. The energy-efficiency upgrades help
customers use less energy, and lead to lower annual utility costs,
even while paying off the upgrade each month.
"We're excited to offer another opportunity to help our
customers save energy – and money," said Shaylyn Dean, Spire director of external
affairs. "Energy-efficiency programs like PAYS can help customers
afford energy-saving strategies and equipment upgrades for their
homes while lowering their utility bills. And because there's no
credit check, more customers can take advantage of important
upgrades. A more energy-efficient home can mean not only savings,
but a heathier and more comfortable place to live."
"PAYS is designed to assist our customers in making home energy
efficiency improvements affordable and hassle free," said
Brian File, director of
demand side management and energy efficiency at Evergy. "We've
had great interest in the program thus far and believe partnering
with Spire will create additional energy efficiency resources and
opportunities for customers utilizing both electric and
gas."
For eligibility information and more details about the PAYS
program, visit SpireEnergy.com/PAYS or Evergy.com/PAYS.
*Qualifying upgrade includes home improvements in which the
energy savings are estimated to be more than the on-bill financed
amount.
About Spire
At Spire Inc. (NYSE: SR), we believe energy exists to help make
people's lives better. It's a simple idea, but one that's at the
heart of our company. Every day we serve 1.7 million homes and
businesses making us the fifth largest publicly traded natural gas
company in the country. We help families and business owners fuel
their daily lives through our gas utilities serving Alabama, Mississippi and Missouri. Our natural gas-related businesses
include Spire Marketing, Spire STL Pipeline and Spire Storage. We
are committed to transforming our business through growing
organically, investing in infrastructure, and advancing through
innovation. Learn more at SpireEnergy.com.
About Evergy, Inc.
Evergy, Inc. (NYSE: EVRG), serves 1.6 million customers in
Kansas and Missouri. Evergy's mission is to empower a
better future. Our focus remains on producing, transmitting and
delivering reliable, affordable, and sustainable energy for the
benefit of our stakeholders. Today, about half of Evergy's power
comes from carbon-free sources, creating more reliable energy with
less impact to the environment. We value innovation and
adaptability to give our customers better ways to manage their
energy use, to create a safe, diverse and inclusive workplace for
our employees, and to add value for our investors. Headquartered in
Kansas City, our employees are
active members of the communities we serve.
Media Contact:
Jason Merrill
314-365-7125
Jason.Merrill@SpireEnergy.com
Media Contact:
Gina Penzig
785.575.8089
gina.penzig@evergy.com
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SOURCE Spire Inc.