Recently, several California investor–owned utilities announced a program that would enable commercial property owners to access low–cost capital to finance property upgrades and repay the investment through their utility bill. Learn more about the on–bill repayment (OBR) program, which uses third–party capital to finance energy efficiency retrofits in commercial properties. Read more…
retrofits
Study Finds Commercial Retrofits Could Save $41B Annually In Energy Costs
Although energy-efficient retrofitting of commercial buildings has the potential to return twice as much in savings to owners and tenants as they require in investments, interest in pursuing retrofits has remained relatively low, dampened by the financial constraints on building owners from the economic recession, and lack of available financing options.