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Title: DOE clarifies position on shared-savers' grants

Journal Article · · Energy User News; (United States)
OSTI ID:6403991

Proposed amendments to the Institutional Conservation Program (ICP) regulations would change the current restrictions on the use of shared savings and other types of savings-based deals to make up the 50% contribution schools and hospitals must make on a matching grant conservation project. DOE also proposed changes to narrow acceptable payback periods and to deny coverage of certain types of equipment or alternatives to energy audits. The requirement that users take title to equipment installed is a problem for energy service companies and investors who want the tax benefits of ownership. It is also difficult to meet the requirement to state final savings at the start of a project. DOE seeks comments on savings-based financing.

OSTI ID:
6403991
Journal Information:
Energy User News; (United States), Vol. 9:36
Country of Publication:
United States
Language:
English