Mixing Appropriations and Private Financing to Meet Federal Energy Management Goals
- ORNL
This report compares several strategies for mixing appropriations and private financing in a typical federal agency that has identified $100 million in required energy conservation measures (ECMs) at its facilities. The analysis shows that in order to maximize savings and minimize overall life-cycle cost, the best strategy for the agency is to use private financing to fund as many of the ECMs as possible within the statutory maximum 25-year project term, beginning with the ECMs with the shortest paybacks. Available appropriations should either be applied to a privately financed project as a one-time payment from savings (i.e., as a buydown ) or used to directly fund longer-payback ECMs that cannot be included in the privately financed project.
- Research Organization:
- Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)
- Sponsoring Organization:
- USDOE Office of Energy Efficiency and Renewable Energy (EERE)
- DOE Contract Number:
- DE-AC05-00OR22725
- OSTI ID:
- 1093715
- Report Number(s):
- ORNL/TM-2012/235; EL1702010; CEEL035
- Country of Publication:
- United States
- Language:
- English
Similar Records
Appropriations and Financing: Strategic Use of Funding for Performance Contracts
South Carolina Energy Management Finance Authority and third party financing: Project overview