Topic: Commercial and Industrial Markets

Commercial and Industrial Markets Articles

USDA Plants Seed Funding for Rural Clean Energy

The United States Department of Agriculture (USDA) announced on May 5 it has earmarked up to $12.3 million in grants and $57.8 million in loan guarantees for the Rural Energy for America Program (REAP). This followed a Dec. 2013 statement that the USDA will distribute $250 million to rural electric cooperatives through the Energy Efficiency Conservation Loan Program (EECLP).

Energy Efficiency Is a Ripe Market for Small to Mid-Size Lenders

Small energy-efficiency lenders face major obstacles including a lack of customer demand and data, a shortage of standardization metrics, regulatory hurdles, and an absence of underwriting standards, according to a report from the Small Lender Energy Efficiency Convening (SLEEC). The SLEEC took place in October 2013 when the American Council for an Energy-Efficient Economy (ACEEE) and Energi convened a group of key stakeholders to explore the obstacles small lenders face and to identify opportunities for small and mid-size lender engagement in the energy efficiency lending market.

Uncovering the Energy Efficiency Insurance Risks of Small Office Buildings

Energi, a leading provider of specialized insurance and risk management solutions, and the National Renewable Energy Laboratory (NREL) partnered in October 2013 to analyze and begin to quantify the uninsurable risks of energy efficiency retrofits in small office buildings. Uninsurable risk is one of the largest barriers to financing energy efficiency in small buildings.

California Decision May Catalyze Energy Efficiency Financing

A new market-shaping decision took place at the California Public Utilities Commission (CPUC) on Sept. 19. To increase the state's reliance on private capital for energy efficiency financing, the CPUC allocated $65.9 million for a suite of financing pilot programs for the state’s investor-owned utilities. California’s multipronged approach could lead to original solutions that other states might adopt.

Texas Legislature Passes Commercial and Industrial PACE Bill

The Texas House and Senate passed Senate Bill 385 this week. If Governor Rick Perry approves the bill, the state will break new ground by developing plans for commercial and industrial property assessed clean energy (PACE) programs. This bill will redesign Texas’s approach to PACE, focusing on the commercial and industrial sectors rather than on residential programs. The legislation covers both energy efficiency and water efficiency.

Strong Marketing Is Essential for Energy Efficiency Finance

Marketing is an essential ingredient for the success of energy efficiency finance. But too often, finance and efficiency experts focus on technical and financial issues and underestimate the importance of marketing. Using best practices in marketing is necessary to drive demand to the high levels state goals require. At a New England Clean Energy Council panel in Boston on Nov. 29 titled Monetizing the Savings from Energy Efficiency Projects, the relationship between marketing and finance came up repeatedly as a key issue which needs further exploration in the industry.