Many businesses and organizations that are interested in energy efficiency may find it challenging to finance projects that could help them better manage their energy costs. The challenges are very real, internal barriers, lack of specialized knowledge and confidence in available option as well as economic pressures, can make it difficult to meet mandates and make an impact.

An article recently published on sustainableplant.com titled “The Energy Performance Contract: It’s Better Than Doing Nothing” made some interesting points about how Energy Performance Contracts, which require no capital and support energy efficiency projects entirely by the guaranteed savings over time, can benefit customers and provided valuable information about the typical Energy Performance Contract cost structure. We’ve found this option to be an attractive alternative for many federal, local and state governement agencies to fund energy improvements and achieve sustainability goals.

While Energy Performance Contracts can be a cost-effective way to finance energy efficiency projects, there are other options. With Efficiency Made Easy, businesses can bundle their commodity and energy efficiency projects by baking in the cost of efficiency projects into a power contract. Conservation measures are funded through on-bill financing without impacting the balance sheet as the costs of high-impact energy efficiency measures are factored into the price of the per kilowatt-hour of electricity used.

Did anyone else read the article I mentioned earlier and have any questions? If so, please feel free to leave me a comment!