energy savings performance contracts

Status
Not open for further replies.
jrannis

jrannis

Senior Member
Location
Fort Lauderdale/ Miami
has anyone here been involved with financing small lighting or other types of energy saving projects.
I see there are some big financial companies making a nice margin off of these types of projects.
The idea is that the consumer doesn't have to come up with capital funds to move the project forward, the contractor gets paid and the project is funded by the energy savings.
Could this type of model work with a shopping center LED conversion installation. The numbers look like they are very short ROI, something less than 3 years.

I was thinking of bringing this business model to an investor but was wondering if anyone else has either done this in house or brought in a third party to help the owner finance it.
 
jrannis said:
has anyone here been involved with financing small lighting or other types of energy saving projects.
I see there are some big financial companies making a nice margin off of these types of projects.
The idea is that the consumer doesn't have to come up with capital funds to move the project forward, the contractor gets paid and the project is funded by the energy savings.
Could this type of model work with a shopping center LED conversion installation. The numbers look like they are very short ROI, something less than 3 years.

I was thinking of bringing this business model to an investor but was wondering if anyone else has either done this in house or brought in a third party to help the owner finance it.
Click to expand...

Not been involved with domestic but we've taken on projects where energy efficiency was part of the deal.
For these, a commitment on efficiency is required at the bid stage with severe financial penalties for not meeting that.
 
ESCO-Energy service company is one you may need to engage to provide the services ?ncluding capital intensive energy saving equipment. Google for ESCOs. But their condition may include a minimum 1MW load among other things.
 
Look at how the city of Pontiac Michigan did their LED conversion. It should be public record.
 
Status
Not open for further replies.
Top