On-Bill Financing Extends Opportunities for Energy Efficiency Investments to Historically Underserved Markets such as Multifamily Housing and Small Businesses
Washington, D.C. (December 8, 2011): On-bill financing, an innovative tool that allows customers to pay for energy efficiency investments though their utility bills, is becoming more widely available across the country and extending opportunities to historically underserved markets, according to a new study released today. The study, On-Bill Financing for Energy Efficiency Improvements: A Review of Current Program Challenges, Opportunities, and Best Practices, was released by the American Council for an Energy-Efficient Economy (ACEEE) and profiles 19 existing on-bill financing programs in 15 states. The study finds that these programs are poised to address financing gaps that have not been historically addressed by other energy efficiency financing mechanisms.
