New Analysis: The Cost of Energy Efficiency is Under Half the Cost of Building Dirty Coal Power Plants

The cost of energy efficiency is truly less than coal. NRDC'S Merrian Borgeson explains a new by-the-numbers analysis. After mining the results of energy efficiency programs representing every U.S. region, Lawrence Berkeley National Laboratory (LBNL) researchers have reported the initial result that the average total cost of saved energy is … [Read more...]

On-Bill Financing Report Shows Strong Performance

On-bill financing can be a powerful tool for offering attractive energy efficiency options to a broad range of utility customers, according to a new report by State and Local Energy Efficiency Action Network (SEE Action).Utility customers often fail to invest in energy efficiency because of its upfront costs, the report said. On-bill financing … [Read more...]

Energy Efficiency Progress by America's Utilities: An Update

Some people are surprised to learn that our electric and natural gas utilities spend billions of dollars a year to help customers need and use less energy. But helping people get more work out of less electricity and natural gas has long been a winning strategy for many of America’s hometown utilities – and a report released this week shows that … [Read more...]

Study: Saving Energy Really is Cheaper than Making it

Energy efficiency is a bargain, even less expensive than previously thought, according to recent findings by the Lawrence Berkeley National Laboratory.The report says that energy efficiency costs about 2 cents/kWh for utility programs. An earlier study by the American Council for an Energy Efficient-Economy pegged the cost to be about 29 percent … [Read more...]

Solar and Energy Efficiency Securitization Emerge

Organizations are beginning to securitize solar and energy efficiency loans to allow greater levels of investment. Securitization involves pooling loans to create consolidated securities that investors can purchase. Recently, SolarCity securitized $54.4 million in loans for solar photovoltaic installations. Also, the Green Jobs – Green New York … [Read more...]

States Forge ahead with On-Bill Repayment for Clean Energy

 Many new developments have taken place in the area of on-bill repayment (OBR) since the Clean Energy Finance Center published an article last year about these programs. Several states are setting up groundbreaking programs that may influence models for OBR in the future.OBR is an important mechanism to bring private capital into the … [Read more...]

Second study forecasts strong growth for energy service companies (ESCOs)

The US energy service company (ESCO) industry is set to grow from a $4.9 billion market in 2013 to almost $8.3 billion in 2020, according to a new report by Navigant Research.The growth comes after a slowdown in business for the energy performance contractors, Navigant says.“Over the past two years, ESCOs have found it difficult to attract … [Read more...]

What Recession? Big Energy Efficiency Service Companies Skipped It. Now Poised to Double Revenues

Energy efficiency’s largest players grew, even as the economy lagged in recent years. And they show no signs of slowing down, says a new report distributed by the National Association of Energy Service Companies.Revenue growth averaged nine percent annually from 2009 to 2011 for large energy efficiency service companies, or ESCOs, according to … [Read more...]