Asheville Vice Mayor Brownie Newman will present a plan to Council on Tuesday intended to decrease Asheville’s energy use and create local jobs.
The Asheville Energy Independence Initiative proposes that Asheville could create a financing system, backed by a bond issue, by which property owners can take out loans to make energy-efficient upgrades to buildings. The repayment of the loans would be rolled into property taxes.
On the blog Scrutiny Hooligans, Council member Gordon Smith backs the plan:
“It will create jobs, reduce energy use, and save people money. It’ll be revenue neutral or better for the City, meaning it’ll pay for itself.”
A Power Point presentation of the plan is viewable at Scrutiny Hooligans.