South Carolina Energy Management Finance Authority and third party financing: Project overview

Technical Report · Wed Jun 01 04:00:00 EDT 1988

OSTI ID:6699821

Institutional buildings present a unique opportunity and challenge for energy efficiency programs. The barriers to conservation in these public buildings often include cumbersome purchasing and decision-making processes, centralized energy payment procedures, and, most importantly, chronic shortages of upfront funds for capital improvement projects. In 1988, representatives from several South Carolina state government agencies completed work on a project funded under a demonstration grant from the United States Department of Energy. The purpose of South Carolina's Tier 1 Demonstration Project was to encourage the development of non-traditional financing opportunities for energy conservation projects in public buildings. The primary vehicle to achieve this purpose was the design of a framework for a South Carolina Energy Management Authority, which would directly finance energy conservation retrofits in public buildings and other facilities, with repayment being made from energy cost savings. The project also includes technical assistance to private and public institutions interested in obtaining private third-party financing and entering into performance contracting agreements.

• Research Organization: South Carolina State Government, Columbia (USA)
• DOE Contract Number: FG01-86CE64608
• OSTI ID: 6699821
• Report Number(s): DOE/CE/64608-T3; ON: DE89002696
• 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
293000 -- Energy Planning & Policy-- Policy
Legislation
& Regulation
BUILDINGS
COST
ENERGY CONSERVATION
FEDERAL REGION IV
FINANCIAL ASSISTANCE
FINANCIAL INCENTIVES
FINANCING
INVESTMENT
LAWS
NATIONAL ENERGY CONSERVATION INCENTIVES ACT
NORTH AMERICA
RETROFITTING
SOUTH CAROLINA
TAX CREDITS
USA