Showing 1 ideas for tag "financing"

Executive Office of the President

No Up-Front Cost Energy Saving

Community Member kudos icon + Community member
Set up financing so that the investments in energy-saving equipment and other energy efficiency upgrades can be done without any initial cost. With a financing mechanism in place, a project that might cost $10 million up front and save $1.5 million per year, could now be done with no up-front cost. The $10 million would be borrowed and, if paid back over 15 years, it would cost less than $80,000 per year. So, rather... more »