Innovative financing for energy-efficiency improvements. Phase II report: model documents and financial projections

Technical Report · Wed Dec 01 04:00:00 EST 1982

DOI:https://doi.org/10.2172/6487017· OSTI ID:6487017

Klepper, M.

The objective of the work reported is to research, develop and implement methods of financing energy efficiency improvements in multifamily, commercial and industrial buildings. The key terms and issues associated with shared savings transactions, lease transactions and developing a utility sponsored energy service company are described. Provided are: an economic model that can be used to evaluate and compare the financial feasibility of investing in shared savings and leasing transactions (the Energy Savings Investment Model); a financial analysis, including the rate of return and net present value, of 44 different hypothetical leasing and shared savings transactions; a comprehensive analysis of 15 different financial variables used in the Energy Saving Investment Model; a carefully developed model Energy Service Agreement with an extensive commentary describing how, when and where the agreement can be used and the rationale behind each provision of the model document; two model Equipment Lease Agreements that can be used for an energy equipment leasing transaction, along with a commentary discussing important tax and legal aspects of the documents; and a description of the legal and financial issues raised during our examination of the feasibility of the utility diversifying its business by establishing an energy service company. The documents presented in this Report have been designed as model agreements that can be easily modified for use in many different types of transactions.

• Research Organization: Lane and Edson, P.C., Washington, DC (USA)
• DOE Contract Number: AC02-81CS22804
• OSTI ID: 6487017
• Report Number(s): DOE/CS/22804-T6; ON: DE83005693
• Country of Publication: United States
• Language: English

Related Subjects

29 ENERGY PLANNING, POLICY, AND ECONOMY
291000* -- Energy Planning & Policy-- Conservation
AGREEMENTS
APARTMENT BUILDINGS
BUILDINGS
COMMERCIAL BUILDINGS
ECONOMIC ANALYSIS
ECONOMICS
ENERGY CONSERVATION
FINANCING
INDUSTRIAL PLANTS
LEASING
LEGAL ASPECTS
MATHEMATICAL MODELS
PUBLIC UTILITIES
RESIDENTIAL BUILDINGS