What is happening
Pay as You Save (PAYS) allows electric utility customers to make home energy improvements at no upfront cost. These improvements include making homes more energy efficient and adding solar panels.
The utility pays for the upfront cost of an energy improvement. It recovers this cost by adding a charge on the customer’s monthly bill that is less than their estimated savings.
PAYS lets you save money from day one.
The equipment belongs to the customer once the utility recovers the cost of its investment. Both homeowners and renters can participate.
Enacting PAYS requires no tax dollars. It will add to the state’s economy by incentivizing billions of dollars of investment. PAYS on-bill tariff investments will help us clean our air. It will help families struggling to afford high energy bills. And, it will make our electric grid more resilient.
Pay As You Save (PAYS) is a smart way to save us money, create good jobs, and build a sustainable energy system.