The market for energy efficiency retrofits for commercial buildings, including energy services, HVAC and lighting system upgrades, and a range of other services, will grow from $35 billion today to over $55 billion by 2020, according to Pike Research’s forecasts. Revenue for energy service companies (ESCOs), which specialize in using financial tools such as energy performance contracts to pay for the installation of energy efficient building systems, have reached nearly $35 billion worldwide.
However, the upfront capital costs of energy efficiency continue to discourage many commercial building owners from considering energy efficiency upgrades, and financing energy efficiency remains a perennial challenge. New and innovative financing arrangements, such as property assessed clean energy (PACE) programs, on-bill financing, and others are promising – but how quickly will they become mainstream and what will their impact be on the market for energy efficiency products and services? Featuring senior research analyst Eric Bloom, along with Jane Pater Salmon, an associate director for renewable energy and the environment at Navigant Consulting, and Kelly vanZutphen, founder of Ygrene Energy Fund, this webinar examines the dynamics of this challenge and how vendors and financiers, looking to play a more proactive role in offering attractive financing programs to potential adopters, are helping customers access the latent value locked up in their inefficient buildings.
- Energy Performance Contracting
- Energy Service Companies
- PACE Financing
- On-Bill Financing
- Energy Efficiency Financing
What does this webinar answer?
- What impact will next-generation energy efficiency financing instruments have on the market for energy efficient products and services?
- Where does PACE financing stand today?
- What has the uptake been for PACE financing, on-bill financing, and other financing instruments?
- How large is the market for financed energy efficiency projects?
- Are other innovative energy efficiency financing models under development?
Who needs to attend?
- Finance companies
- Building equipment vendors and service providers
- Property owners and managers
- Government agencies and policymakers
- Energy service companies