11/01/2013

New Financing Solutions for Energy Retrofits

Jump over the obstacle of initial cost and fund your money-saving project

By

 

For years BUILDINGS readers have rated energy as their number No. 1 operating cost concern. And for as many years, they have also said that the No. 1 obstacle to an energy improvement project is initial cost.

In a survey of building owners and facility managers conducted in June 2013 for this report, 44% of respondents said that initial cost is the greatest obstacle to an energy retrofit. That percentage of respondents is more than four times larger than for any other hurdle to a retrofit (see table).

However, new financing vehicles are helping owners to overcome this obstacle. The goal is to use future energy savings to pay for the upfront cost of energy retrofits. When structured properly, such vehicles can generate positive cash flow from the outset. With longer terms, they can also fund deeper retrofits that supply more savings.

While it takes time and resources for building owners and lenders to navigate the financing labyrinth, the results can be well worth the effort. If your organization is wasting money on inefficient equipment, it may be able to quantify the waste and use it to finance energy improvements without paying large initial costs.

This special report looks at several emerging solutions: PACE (Property-Assessed Clean Energy), on-bill financing, ESCOs (Energy Service Companies), and managed energy services agreements (MESAs). The article also looks at the special situation of small commercial buildings under 50,000 square feet.


Pages: 1  2  3  4  5  6  7  View All  
 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

 

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com


Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.


Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.

 

Replace core drilling with Connectrac In-Carpet and On-Floor Wireways, the proven connectivity solution in open interior spaces of all kinds. These elegant low-profile wireways are great for AV / telecom connectivity wherever it’s needed.

 


Visit our website today to learn about the design flexibility of a Morton building and the endless possibilities of partnering with our designBUILD team.


Wood construction is both cost and energy efficient. Check out Morton Buildings and our designBUILD team online today to discover all the benefits of post-frame construction.


When choosing a metal-clad building for your next construction project, consider Morton Buildings, Inc., and their designBUILD team, we’ll make your dream a reality.

We Can Help You Reduce Energy by 30%

Our mission is to help our customers manage their buildings' energy costs, improve reliability, and enhance performance while having a positive impact on the environment.
CLICK HERE to find out how.

 

Add highly responsive multi-zone comfort to any building project, in any climate. Our CITY MULTI H2i R2- and Y-Series VRF systems give you flexibility to fit the needs of any building. Enjoy 100% heating capacity at 0°F outdoor ambient, and 85% heating capacity at -13°F outdoor ambient.  For more information, log on to www.mitsubishipro.com


Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.


Tennant Company is a recognized leader in designing, manufacturing and marketing solutions that help create a cleaner, safer, healthier world. With thousands of satisfied customers already using award winning ec-H2O technology, why not see what you're missing? Test ec-H2O on your soils in your facility. Get a free demo.

 

Replace core drilling with Connectrac In-Carpet and On-Floor Wireways, the proven connectivity solution in open interior spaces of all kinds. These elegant low-profile wireways are great for AV / telecom connectivity wherever it’s needed.

 


 
comments powered by Disqus

Related Products

Furniture
Janitorial
Flooring
Fire/Life Safety

Sponsored Links