Last week I attended EDF/Citibank’s 3rd Energy Efficiency Financeconference in NYC. Since their inaugural event a few years ago this conference has always provided a good gauge on the market’s rate of progress.
Last week I attended EDF/Citibank’s 3rd Energy Efficiency Financeconference in NYC. Since their inaugural event a few years ago this conference has always provided a good gauge on the market’s rate of progress.
Topics: Energy Efficiency, On Bill Finance, PACE
Over the last year we’ve participated in an increasing number of interviews, conferences and panels discussing the energy-efficiency finance market, including commercial PACE and on-bill repayment programs. Awareness is high, with many policy, government and utility executives generally convinced that if low-cost capital were more readily available, energy-efficiency adoption across residential, institutional, government and commercial/industrial markets would surge.
Topics: On Bill Finance, PACE, ESCO
Last week I participated in a day long energy efficiency finance workshop, hosted and co-produced by Bloomberg’s New Energy Finance Group and the Environmental Defense Fund. Held at Bloomberg’s hip and upbeat headquarters, it had the feel of an investor conference, although most people in the room had yet to make one….
Topics: Energy Efficiency, CESA, On Bill Finance, energy efficiency finance, PACE, performance contracting, energy services agreement
I spent last Wednesday at the California PUC in San Francisco participating in a workshop debating the merits of California’s newly proposed policy for utility on-bill repayment (OBR). (Although being at the workshop necessitated my taking the Boston redeye that night (ugh) my spirits were lifted as I waited at SFO and watched Duke hoop’s last minute upset at UNC – but I digress…)
Topics: CESA, On Bill Finance, Energy Savings Agreement, On Bill Repayment, OBR, PACE, OBF
Three years ago, as we were developing our own energy efficiency finance program, I was struck by how few people had yet recognized the market opportunity for financing energy-efficient building upgrades through a shared-savings approach. Large ESCO performance contract firms continued to rely solely on their customers using tax-exempt bonds to pay for their projects and solar PPA firms focused, surprise, on solar. Only a handful of us were hustling after this emerging market.
Topics: On Bill Finance, Blog Topics, Power Purchase Agreement
Whenever a utility offers our customer on-bill financing we know we’ll be installing this energy efficiency project within a few months. Our hit rate for these projects is literally 100%.
Topics: Energy Efficiency, On Bill Finance, Energy Efficiency and Conservation Block Grant pro, PACE, DOE Loan Guarantee, OBF, utility bill financing