Kansas energy plan will pay back perpetually

A penny saved, Ben Franklin calculated, is a full penny earned. There is more to that aphorism than might first occur. An additional amount taken in by a merchant doesn’t go to the bottom line. All the costs of doing business must first be deducted. That’s why saving money creates wealth faster than in-creasing gross income.
Well, you already knew that. So you are equipped to understand why the new energy efficiency program Gov. Mark Parkinson is launching for Kansans should work wonders and keep on doing so far into the future.
Using $34 million in federal stimulus money, Gov. Parkinson is setting up a way for Kansas homeowners to make their houses energy efficient and pay the cost through the savings they realize in their utility bills.
The federal money will be made available to private sector banks. The bankers will make loans to pay for an expert to examine a house, prescribe ways to cut heating and cooling costs and then have the work done by a contractor. No state or federal bureaucrat involved. And the principal and interest can total no more than the monthly reduction in utility costs so homeowners will feel no additional pinch.
There’s more. The money advanced to the banks to create the loan pool will be returned to the state as it is received so that it can be loaned again in following years. In theory, the program will be self-perpetuating.

JUST AS important, energy will be saved every month by every householder for as long as the houses stand, helping Kansas do its part in reducing the emission of carbon dioxide and other greenhouses gases and trimming back the importation of oil and gas from other countries.
Kansas represents less than 1 percent of the U.S. population. To gain perspective on the significance of this use of federal stimulus money, multiply the Kansas program by 100. And keep in mind that the first beneficiaries will be householders; American families who will be given a no-risk, no-cost opportunity to achieve lower utility costs and more pleasant living for as long as they live in their homes.
Yes, all you doubters, a government program can provide win-win benefits and pay its own way.

— Emerson Lynn, jr.