From: December 13, 2013 9:30 AM
To: December 13, 2013 11:30 AM
The DOE has found that last year commercial and industrial buildings
used approximately 50% of the energy of the United States economy at an
estimated cost of $400 billion. Though energy demand has been growing,
market potential has been slow to realize, largely due to building
owners, property managers and tenants’ lack of awareness of financing
options. Reservations regarding upfront costs, the expense of new
construction and deep retrofits, as well as the lack of infrastructure
support hinder adoption. In order to achieve more widespread
implementation of energy efficient techniques, changing the behavior of
commercial building owners and managers is paramount.
consumers with information and demonstrable data is one way to help
achieve behavioral change. Organizations such as the Environmental
Defense Fund’s Investor Confidence Project and the Clean Energy Finance
Center have launched an Energy and Loan Performance Data program to
collect and analyze public data from utilities and agencies. This data
will provide the tools to understand energy use variations and
preferences in buildings and eventually promote energy efficiency
lending in capital markets. Efforts such as this will help to expand
energy efficiency efforts in the C&I market by demonstrating that
the energy saving projections are viable.
also aid greatly in moving forward consumer willingness. Whether it is
federal and state governments’ incentives in the form of tax credits, or
utilities offering rebates, such programs will provide financial
support and ease consumer reservations towards sustainable retrofits or
constructions. Policy makers, builders, manufacturers, and suppliers
will in turn respond to consumer changes, resulting in increased energy
efficiency demands in the C&I markets. In addition to these
practices, this roundtable will explore other technological innovations
and incentive programs that will play a key role in transforming the
C&I energy efficiency market.
- What are the emerging technologies that will bring energy efficiency to the forefront of the industry?
- Will data collection programs make a large impact on the industry?
- What financing incentive and rebate programs are available? Are they successful? Ex. NYSERDA’s Energy Star Program
- How do we educate the property and building owners about ROI when introducing energy efficient measures?
- What loan options currently exist in the market?
qualifications must participants meet in order to be eligible for
certain programs? How long is the application process? How long is a
typical payback period?
- What are the pros and cons of each financial model? OBR, PACE, ESA
- Are green leases an advisable option?
- What federal and state tax incentives are available for green design?
- What is the future of the federal tax incentive for commercial building energy efficiency- EP Act 179D?
- What other feasible incentive programs can be adopted?