1 / 5

“Residential EE Financing: Key Elements of Program Design”

This report compares seven residential financing products and offers a framework for designing effective programs. It emphasizes integrating financing and rebates, promoting upgrades, providing contractor support, and evaluating savings achieved.

jaynes
Download Presentation

“Residential EE Financing: Key Elements of Program Design”

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. “Residential EE Financing:Key Elements of Program Design” • Energy Futures Group on behalf of Connecticut Fund for the Environment & Environment Northeast • Compared seven residential financing products: • Mass Save HEAT Loan • Clean Energy Works Oregon • NYSERDA Home Performance with ENERGY STAR • Keystone HELP • Energize Delaware • SoCal Gas • Center for Energy and Environment (MN) • Available on ENE website (http://www.env-ne.org) under “Publications”

  2. Framework: Residential Financing • Link Financing to EE Goals and Programs • Measure eligibility; going deeper; whole-house • Evaluating success (savings, not loan volume) • Choose an Administrator with EE Targets • Otherwise, loan volume may become singular goal • Can still work with private capital partners • Use Program Funds Wisely • IRBs/credit enhancement in some cases • In other cases, consider higher rebates

  3. Framework: Res Financing (Cont’d) • Integrate Rebates and Financing • Reduce customer burden of seeking financing and rebates separately • Promote Upgrades, not Loans • Use financing as one tool to “get to yes” • Emphasize overall EE program “brand name” • Tie Intake Process to EE Goals • Is the first step a whole-house energy audit? • Or is it a loan application/pre-approval?

  4. Framework: Res Financing (Cont’d) • Provide Ample Contractor Support • Example: Keystone HELP • Offer Technical Assistance to Customers • Examples: CEWO; NeighborWorks of W. VT • Focus on Quality Assurance • Third-party inspections (all or random %) • Alignment between predictions and results • Evaluation: Savings, Not Just Volume • EE programs have EM&V budgets; focused on net savings achieved

  5. Contact Info Chris Kramer Energy Futures Group ckramer@energyfuturesgroup.com Phone: 802-482-5001 Cell: 202-351-9154 Link: http://www.energyfuturesgroup.com/

More Related