The purpose of this report is to take a closer look at experience with on-bill financing programs and to analyze key elements for successful programs as well as factors that may impede the achievement of optimal results.
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This project was part of the U.S. Department of Energy’s Commercial Buildings Partnerships. Companies and organizations, selected through a competitive process, teamed with DOE, national laboratory staff, and technical experts from the private sector who provided technical expertise to explore energy-saving ideas and strategies that were applied to specific building projects and that could be replicated across the market. The work presented here focuses on reducing energy use in supermarkets.
NREL contracted with the Energy Center of Wisconsin to review the Commercial Building Partnerships projects and identify and compile the best practices for ten energy conservation measures that were tested in those projects. The resulting compilation is presented in this report.
Commercial mortgages currently do not fully account for energy factors in underwriting, valuation and asset management, particularly as it relates to the impact of energy costs on net operating income. As a consequence, energy efficiency is not properly valued and energy risks are not properly assessed and mitigated. Commercial mortgages are a large lever and could be a significant channel for scaling energy efficiency investments.