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David, with a Ph.D. in physics, I'm wondering how you defend the idea efficiency produces energy, vs. prevents losses of it. It's clear the two concepts are not complementary - energy production is potentially unlimited; efficiency improvements end at some finite, non-zero limit where no more improvement is to be had.
In short, under an ESA, a service provider delivers energy-saving services using equipment it owns and operates. Recent projects include multimillion dollar investments by financial institutions (Citi and Generate Capital) and a large utility..
"ESAs, available for many years, have gained notable support in the past year because they provide services guaranteed to save energy in a way that is designed to be off company balance sheets at a cost that is less than or equal to existing utility charges. Many companies want to minimize the liabilities shown on their balance sheets and therefore often prefer off-balance-sheet financing"
Matt, You're absolutely right. The (ESA) approach existed for years, but it was offered only by a couple of big guys... The new trend is to extrapolate this approach to many stakeholders giving more choice to the end-users. This is indeed part of a mix of available financial solutions.
These are teriffic programs and ones other utilities should model their own after. Given the fact that lower-income homes spend more per square foot on energy use than average but can least afford energy retrofits on their own, prioritizing these type of projects is a great environmental/energy justice win.
Message from the Association of Energy Services Professionals (AESP) President/CEO, John Hargrove
A common sentiment when it comes to engineering and designing any sort of technological solutions that are meant to integrate into the homes of everyday people is that the optimal performance for which a program or product is designed will..
Energy Efficiency Professionals Group Industry NewsSee More News
The California Public Utilities Commission CPUC recently approved the nbsp DC-coupled energy storage decision stating that NEM credits are eligible for any storage on the grid nbsp What does this mean for energy storage...
California regulators are starting to fill a hole in the state’s climate policy. For decades, California has led the world in efforts to reduce the energy consumption of appliances and buildings. But, in recent years,...
Smart Grid Experiment Saves Participants the Equivalent of One Electric Bill Per Year...
Rwanda has big plans for a more sustainable future and is launching a new cooling initiative that will increase energy efficiency within the country's booming electricity sector. As part of the new plan, Rwanda hopes to...