Shared savings gets realtor new water heaters

Journal Article · Mon Aug 08 00:00:00 EDT 1983 · Energy User News; (United States)

OSTI ID:5754180

Mullin, R

The Grenadier Realty Co. of New York is financing four energy-efficient water heaters for apartment buildings with a shared savings arrangement. The arrangement allows Grenadier to avoid front-end costs, which were paid by Independent Water Heaters Inc. in exchange for a decreasing share of the savings. Grenadier will own the heaters when the five-year contract expires. By allowing a shutdown of boilers during the summer months, the heaters will further increase energy savings. (DCK)

• OSTI ID: 5754180
• Journal Information: Energy User News; (United States), Vol. 8:32
• Country of Publication: United States
• Language: English

Related Subjects

32 ENERGY CONSERVATION, CONSUMPTION, AND UTILIZATION
APARTMENT BUILDINGS
WATER HEATERS
ENERGY EFFICIENCY
FINANCING
APPLIANCES
BUILDINGS
EFFICIENCY
HEATERS
RESIDENTIAL BUILDINGS
320101* - Energy Conservation
Consumption
& Utilization- Residential Buildings- (-1987)