Shared savings and low income homeowners: Results of a demonstration project in Hennepin County

Technical Report · Tue Apr 01 04:00:00 EST 1986

DOI:https://doi.org/10.2172/6016492· OSTI ID:6016492

Miller, R. D.; Ford, J. M.

In 1984 Hennepin County, with financial support from the US Department of Energy and as part of the Year Five energy program of the Urban Consortium's Energy Task Force, initiated a Residential Shared Savings Demonstration Project (RSSDP) for single family homeowners. Shared savings, or performance contracting, occurs when an energy service company (ESCo) finances and installs energy improvements in a customer's property and receives a share of the savings that result over time as their compensation. Chapter 1 of this report provides general background on the project, including a brief description of Hennepin County, the energy environment within which the project was conducted, and the Residential Shared Savings Demonstration Project. Chapter 2 describes the efforts to market the RSSDP to low income homeowners, the results of those efforts and the findings from an extensive market assessment effort. Chapter 3 summarizes the significant lessons learned during the project. 4 figs., 3 tabs.

• Research Organization: Urban Consortium for Technology Initiatives (USA). Energy Task Force; Hennepin County Office of Planning and Development, MN (USA)
• DOE Contract Number: FG02-78IR05106
• OSTI ID: 6016492
• Report Number(s): DOE/IR/05106-T132; ON: DE89015441
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
320100 -- Energy Conservation
Consumption
& Utilization-- Buildings
320601* -- Energy Conservation
Consumption
& Utilization-- Municipalities & Community Systems-- Conservation Services-- (1980-)
BUILDINGS
DEMONSTRATION PROGRAMS
EFFICIENCY
ENERGY EFFICIENCY
FEDERAL REGION V
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
HOUSES
HUMAN POPULATIONS
LOW INCOME GROUPS
MINNESOTA
MINORITY GROUPS
NORTH AMERICA
POPULATIONS
RESIDENTIAL BUILDINGS
RETROFITTING
URBAN AREAS
USA