Financing energy efficiency projects.(using cost savings from increased energy efficiency to finance equipment)

Postponing the installation of energy saving equipment can be an expensive decision. This article shows how the cost savings resulting from increased energy efficiency can be used to finance the needed equipment.

Shenendehowa School District in upstate New York recently faced escalating energy and maintenance costs for seven buildings constructed between 1952 and 1969. Back then, lowest first-cost rather than life-cycle cost determined the type of equipment purchased. Three of the buildings, which relied exclusively on expensive electricity for heating and air conditioning, required capital improvements. But budgets already were strained, and Shenendehowa ...