Financing Energy Management Projects

For existing buildings: Energy Optimization:

  • Focuses on decreasing energy cost while at the same time increasing productivity
  • Combines energy efficiency equipment with operational procedures that can transform energy bills into “cash flow opportunities”

 

Funding Mechanisms

·         Capital Budget  (Debt)

o        Ceiling on capital expenses?

o        Restructure capital expense budget?

  • Operating Budget (Expense)

o        Already in utility payments

o        Easier approval process

o        Energy efficiency projects may provide access to captive funds for other needs

  • National Association of Energy Service Companies (www.naesco.org) An ESCO, or Energy Service Company, is a business that develops, installs, and finances projects designed to improve the energy efficiency and maintenance costs for facilities over a seven to 10 year time periods.
  • Lease/Purchase    -
    • Actus Lend Lease – a leader in public/private community development partnerships.

For New Buildings

 

Wells Fargo Home Page

·  Commercial Mortgage

·  Green Commercial & Public Buildings

Wells Fargo Green Buildings

·  Commercial Real Estate Banking

·  Commercial Real Estate Broker Solutions

Stimulus legislation has expanded financing for green properties (PDF)

Chase.com

·  Commercial Real Estate Banking

 

Environmental Leadership (PDF)

 

Superior Street Capital (http://www.superiorstcapital.com) is committed to sustainable real estate and the achievement of LEED certification. Sustainable buildings reduce waste, improve the working conditions for occupants and better connect the building to the surrounding community

 

Government Agencies: Energy Star Money for Your Energy Upgrades (PDF Presentation)