Energy finance program report released

A report by ACEEE indicates that there is a growing interest by the government and various financial institutions in investing in the energy finance sector.

08/22/2011


A report by ACEEE revealed that energy finance programs have increased in terms of quantity and diversity in the last several years. There is also a growing interest from financial institutions in giving out money for local initiatives for these various projects.

Thanks to significant increases in funding for finance programs through the American Recovery and Reinvestment Act (ARRA), the Regional Greenhouse Gas Initiative program (RGGI; Northeast U.S.), there are a number of initiatives for residential and commercial buildings.

While cash flow from commercial banks has not increased—they prefer to work through contracts from large energy firms like Siemens and Honeywell—Credit Unions and Community Development Financial Insitutions (CDFIs) have shown an increased interest. Credit Unions don’t have the kind of collateral a bank does and CDFI loan funds tend to focus on one particular segment of the housing/building market, limiting their reach.

State governments, however, have been shown to be major supporters of the energy initiatives and have used the money from the federal government by using low-income housing projects as a way to build their energy efficiency projects. State housing agencies, as a result, are the largest source of capital for the energy finance programs because of where the money is being allocated. The trickle-down effect ends up reaching local towns and counties who are looking to use the money for low-income housing and other projects for their citizens. Other sources of income for energy finance programs come from philanthropists, institutional money managers, and private equity/venture capital. In the end, though, most of the money will be coming from the federal government.

The report concludes that there is plenty of money out there and plenty of people—an estimated 100 million—who could use the money to cut down on their utility bills with homes that are more energy efficient and environmentally friendly.



No comments
The Top Plant program honors outstanding manufacturing facilities in North America. View the 2013 Top Plant.
The Product of the Year program recognizes products newly released in the manufacturing industries.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
The true cost of lubrication: Three keys to consider when evaluating oils; Plant Engineering Lubrication Guide; 11 ways to protect bearing assets; Is lubrication part of your KPIs?
Contract maintenance: 5 ways to keep things humming while keeping an eye on costs; Pneumatic systems; Energy monitoring; The sixth 'S' is safety
Transport your data: Supply chain information critical to operational excellence; High-voltage faults; Portable cooling; Safety automation isn't automatic
Case Study Database

Case Study Database

Get more exposure for your case study by uploading it to the Plant Engineering case study database, where end-users can identify relevant solutions and explore what the experts are doing to effectively implement a variety of technology and productivity related projects.

These case studies provide examples of how knowledgeable solution providers have used technology, processes and people to create effective and successful implementations in real-world situations. Case studies can be completed by filling out a simple online form where you can outline the project title, abstract, and full story in 1500 words or less; upload photos, videos and a logo.

Click here to visit the Case Study Database and upload your case study.

Maintaining low data center PUE; Using eco mode in UPS systems; Commissioning electrical and power systems; Exploring dc power distribution alternatives
Synchronizing industrial Ethernet networks; Selecting protocol conversion gateways; Integrating HMIs with PLCs and PACs
Why manufacturers need to see energy in a different light: Current approaches to energy management yield quick savings, but leave plant managers searching for ways of improving on those early gains.

Annual Salary Survey

Participate in the 2013 Salary Survey

In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.

Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.

2012 Salary Survey Analysis

2012 Salary Survey Results

Maintenance and reliability tips and best practices from the maintenance and reliability coaches at Allied Reliability Group.
The One Voice for Manufacturing blog reports on federal public policy issues impacting the manufacturing sector. One Voice is a joint effort by the National Tooling and Machining...
The Society for Maintenance and Reliability Professionals an organization devoted...
Join this ongoing discussion of machine guarding topics, including solutions assessments, regulatory compliance, gap analysis...
IMS Research, recently acquired by IHS Inc., is a leading independent supplier of market research and consultancy to the global electronics industry.
Maintenance is not optional in manufacturing. It’s a profit center, driving productivity and uptime while reducing overall repair costs.
The Lachance on CMMS blog is about current maintenance topics. Blogger Paul Lachance is president and chief technology officer for Smartware Group.