Access to capital for an energy-efficiency upgrade need not be an issue. Many of the efficiency upgrades that are implemented in our strategic energy plan cost absolutely nothing!
Resources Available
For those that do require investment, don’t worry; there are many traditional and non-traditional financial resources available. Schools for example can utilize features found in Ohio House Bill 264 to keep the costs of energy savings projects “off the books”, allowing school districts to pay for the project with the savings recognized by the upgrade.
A well-designed facility upgrade and energy management plan can provide your business a positive cash flow from energy savings while paying off the capital investment for new equipment.
For small, inexpensive projects, you may want to use your own internal funds to pay for the upgrade in order to keep your payback period low and return on investment high.
For larger jobs, financing might be the only way to pay for the upgrade. Fortunately, a variety of sources and mechanisms exist for your facility to finance energy-efficiency improvement projects.
Did You Know?
Energy-efficient upgrades typically save you money that can be used to pay for the cost of projects. Many of the schools that Energy Optimizers, USA work with have a ZERO cost to implement their plan.
It’s your business decision to weigh your competing needs for capital versus continuing increases in operating costs for energy. Remember, even a longer return-on-investment on energy efficiency results in affordable comfort, and new, more reliable equipment that will pay for itself with energy savings. Strategic energy efficiency investments are your hedge against the certainty of higher utility bills that you cannot control.