Historically upfront costs were the greatest
barrier to energy efficiency upgrades. The Property Assessed Clean Energy (PACE)
program in California created the ability to use energy cost savings as a
source of cash.
It uses the money that is already being spent every day on
wasted energy to pay for energy efficiency improvements yielding long-term
benefits. The program provides long term financing for energy efficiency
upgrades and requires the project to produce a positive cash flow from day one. Read more at http://energyalliancegroup.org/
SUSTAINABLE & CLEAN ENERGY | ENERGY EFFICIENCY | LOW CARBON DEVELOPMENT | CLIMATE CHANGE | ___________ TECHNOLOGY | POLICY | INVESTMENT
Friday, August 21, 2015
New energy efficiency business model with no upfront costs
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