Financing Options for Energy Projects

Posted by Bryan Haag on Wednesday, May 20, 2015


Whether you are looking to replace lighting, install new boilers, install a combined heat and power (CHP) central boiler, you’re going to need to pay for it somehow.

The good news is that today energy improvement projects have more funding options available than ever before, and there is likely an option out there that will match your organization’s goals and strategies well. The bad news is that a lot of funding options exist out there and it can be pretty daunting and intimidating to understand it all at first. But, since understanding your options is the only way you can truly make an informed decision, it is a critical step. Also, being well-versed in financing options will raise your value as an expert within your organization.

I wanted to share an article I read from Building Operating Management that outlines some of the finance options available for energy projects; “Finding Best Financing Options for Energy Efficiency Projects” by Greg Zimmerman.

It states: ”In many organizations, it won't be the facility managers making the ultimate decision about the type of financing — but being well-versed in the options and knowing which will meet the organization's needs can be the main catalyst to getting an energy project funded.”

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Bryan Haag, PE


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Categories: Buildings & Campus

Tagged: Energy Planning & Management  |  Budgeting & Funding

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