Innovative financing for energy-efficiency improvements. Phase I report

Technical Report · Thu Apr 01 04:00:00 EST 1982

OSTI ID:5231629

Klepper, M; Sherman, J; Carroll, M

Alternative means of financing energy conservation investments in commercial, industrial, and multifamily buildings are described. The objective of the study is to develop and implement financing mechanisms that will attract private sector capital to energy efficiency investments. Legal, financial, institutional, and behavioral factors that must be considered in evaluating the feasibility of six financing options are identified. The options discussed are: leasing, bank financing, utility assisted financing, tax-exempt financing, financing by an energy service company, and joint ventures financing. The advantages and disadvantages of using each of these financing mechanisms for each building sector are assessed. Criteria are justified which must be met before an energy conservation investment will be made by a commercial building owner, an industrial building owner, or a multifamily building owner. One specific financing method is described for each building sector that appears feasible without any government or nonprofit foundation subsidy. These mechanisms have wide applicability, could be successfully duplicated in buildings throughout the country, and promises a reasonable profit to the parties engaged in the transaction. (MCW)

• Research Organization: Lane and Edson, P.C., Washington, DC (USA)
• DOE Contract Number: AC02-81CS22804
• OSTI ID: 5231629
• Report Number(s): DOE/CS/22804-T3; ON: DE82016983
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
290200 -- Energy Planning & Policy-- Economics & Sociology
291000 -- Energy Planning & Policy-- Conservation
32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320100* -- Energy Conservation
Consumption
& Utilization-- Buildings
BUILDINGS
CAPITAL
EFFICIENCY
ENERGY CONSERVATION
ENERGY EFFICIENCY
FEASIBILITY STUDIES
FINANCIAL INCENTIVES
FINANCING
IMPLEMENTATION
INSTITUTIONAL FACTORS
INVESTMENT
JOINT VENTURES
LEASES
LEASING
LEGAL ASPECTS
MODIFICATIONS
PUBLIC UTILITIES
RISK ASSESSMENT
SERVICE SECTOR
SUBSIDIES
TAXES