Many state policymakers and utility regulators have established aggressive energy efficiency (EE) savings targets which will necessitate investing billions of dollars . Given this challenge, some EE program administrators are exploring ways to increase...
June 4, 2015Many state policymakers and utility regulators have established aggressive energy efficiency (EE) savings targets which will necessitate investing billions of dollars . Given this challenge, some EE program administrators are exploring ways to increase their reliance on financing with the aim of amplifying the impact of limited program monies. While financing is potentially an attractive tool, administrators can face difficult choices between allocating funds to financing or to other approaches designed to overcome a broader set of barriers to consumer investment in EE. Robust assessments of financing's role in reducing energy use in buildings are necessary to help policymakers and program administrators make better choices about how to allocate limited resources to achieve cost effective energy savings at scale.