Bank of America partnered with DOE's Commercial Building Partnerships (CBP) Program to develop and implement solutions to build a new bank branch in Punta Gorda, Florida, with a goal of being at least 50% below ASHRAE Standard 90.1-2004. The branch opened in October 2011 and achieved actual energy savings of 47%.
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PNC Financial Services partnered with DOE's Commercial Building Partnerships (CBP) Program to develop and implement solutions to retrofit its existing Singer Island, Florida, branch to reduce energy consumption by at least 30% versus ASHRAE Standard 90.1-2004. Construction was completed in January 2012.
Argonne’s Energy Efficiency Decision Support Calculator is a simple tool that small business owners can use to quickly analyze the high-level economic impact of investments in energy efficient products, retrofits or capital improvements. This tool requires minimal input data and is accessible to anyone, regardless of their experience with energy issues. It is intended to complement many of the more involved, technology specific calculators that are referenced in Argonne’s “Resources for Informed Small Business Energy Efficiency Decision Making.”
Dollars saved through energy efficiency can directly impact your bottom line. Whether you are planning for a major renovation or upgrading individual pieces of building equipment, these improvements can help reduce operating costs, save on utility bills, and boost profits. This fact sheet provides guidelines for SBA lenders to understand the value of financing energy efficiency investments.
The energy efficiency community has worked hard to engage lenders and consumers in what is estimated by the Rockefeller Foundation and Deutsche Bank to be a $279 billion market for energy efficiency investment. Great advances have been made in the federal and public sector’s program development arena, yet private sector transaction volume remains frustratingly low. In an effort to understand nuanced obstacles to market participation, ACEEE and Energi Insurance Services convened a group of small to mid-size lenders to discuss opportunities for increasing both lender and consumer participation in the energy efficiency space. Lender representation spanned state and local commercial banks, community banks, community development financial institutions (CDFIs), credit unions, and “green” lenders. This paper presents the obstacles identified in the convening and offers recommendations to the energy efficiency community to foster growth in the market for energy efficiency financing.
Small commercial buildings – those smaller than 50,000 square feet – offer substantial and immediate energy efficiency opportunities and cost savings. The Small Buildings and Small Portfolios (SBSP) sector contains 95 percent of all commercial buildings by number and represents 47 percent of the energy consumption in all non-mall commercial buildings. However this building stock has received little attention in the growing energy efficiency marketplace compared to larger and institutionally owned counterparts, in part because of the market’s vast scale, physical diversity, and the disparate interests of its stakeholders.
While acknowledging these challenges, this study estimates that profitable investments in energy conservation can generate $30 billion in annual energy cost savings, improving the financial performance of millions of small businesses throughout the United States.