Building owners are in a catch-22: they routinely say that rising energy costs are a No. 1 priority but they also say that the No. 1 barrier to conservation projects is initial cost. However, new financing vehicles are helping owners to overcome this obstacle by using future energy savings to pay the upfront cost of a retrofit. If your organization is losing money on inefficient equipment, it’s time to quantify the waste and look at your options to finance energy improvements without large initial costs.
- Understand emerging energy financing vehicles, including PACE (property-assessed clean energy), on-bill, and MESAs (managed energy services agreements).
- Recognize ENERGY STAR tools that calculate the value of energy efficiency.
- Understand the particular financing challenges of small buildings.
- Learn how to maximize the benefits from energy financing.
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