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.
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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.
This multimedia toolkit is designed to guide energy efficiency program administrators through the process of planning, implementing and measuring a large-scale, deep retrofit energy efficiency program for small-to-medium businesses (SMB). We provide downloadable tools and forms you can adapt for use in your own program.
This guidebook is a reference to help other program sponsors and implementers develop and deliver a full-scale and comprehensive small-to-medium-sized business (SMB) energy efficiency program that can achieve similar results. The online SMART Scale Toolkit accompanies this guidebook.
A demonstration of the SMART Scale model in the Sacramento Municipal Utilities District (SMUD) on over 700 projects indicates that an average whole building electricity savings of 20% from the baseline is possible while remaining cost-effective, with a cost of $0.0346 per lifetime kWh and an estimated total resource cost of 3.1. Previous generations of DI programs were capturing only 10% to 12% of whole building electricity savings through approaches dominated by lighting measures.