Spire and Ameren Missouri program to help customers improve energy efficiency
The Pay As You Save® program allows customers to upgrade their homes with little or no upfront cost
ST. LOUIS, May 31, 2022 /PRNewswire/ — Spire and Ameren Missouri are teaming up to offer Pay As You Save (COUNTRY®), a program helping Missouri customers lower their utility bills through energy efficient upgrades with little to no upfront costs. Through the PAYS program, customers can lower their annual energy costs while Spire and Ameren Missouri cover all or most of the initial costs needed to install energy-efficient equipment in the home.
While Ameren Missouri launched a PAYS program in 2021, this is the first time that Spire and Ameren Missouri have jointly offered PAYS to help customers of both utilities.
To participate, customers sign up for a free, no-obligation home energy assessment. Energy analysts create a custom plan outlining recommended cost-effective energy upgrades such as a new furnace, water heater, duct sealing, or insulation upgrades.
Spire and Ameren Missouri then pay most or all of the upfront costs to install the upgrades. Customers reimburse the cost through a fixed monthly charge on their utility bills. For Ameren Missouri and Spire customers, charges will be split and reflected on both energy statements. Energy-efficient upgrades help customers use less energy and lower their annual costs, even paying off the upgrade each month.
“We are excited to provide 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. “With no credit checks, more customers can enjoy significant upgrades. A more energy-efficient home can mean not just savings, but a healthier, more comfortable place to live.”
“The PAYS program helps Saint Louis-families in the region are making their homes safer, more comfortable and more energy efficient by removing financial barriers,” said Tony Lozano, director of energy solutions at Ameren Missouri. “We know that many customers want to make these changes to their homes, but the upfront costs often prevent them from taking action. PAYS offers a solution while reducing monthly energy costs.”
At Spire Inc. (NYSE: SR), we believe that energy exists to improve people’s lives. It’s a simple idea, but one that is at the heart of our business. 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 with our gas utilities that serve Alabama, Mississippi and Missouri. Our natural gas businesses include Spire Marketing, Spire STL Pipeline and Spire Storage. We are committed to transforming our business by growing organically, investing in infrastructure and advancing through innovation. Learn more about SpireEnergy.com.
About Ameren Missouri
Ameren Missouri has been providing electric and gas service for more than 100 years, and the company’s electric rates are among the lowest in the country. Ameren Missouri’s mission is to power the quality of life of its 1.2 million electric customers and 135,000 natural gas customers in Central and East Missouri. The company’s service area covers 64 counties and more than 500 communities, including the greater Saint Louis Region. For more information, visit ameren.com/Missouri or follow us on Twitter at @AmerenMissouri Where Facebook.com/AmerenMissouri.
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SOURCE Spire Inc.