An increasing number of industries are seeking to use energy more efficiently due to market pressure, public awareness of environmental sustainability, and rising energy costs and volatility. Energy efficiency (EE) is potentially one of the most important and cost-effective means by which organizations and individuals can mitigate their greenhouse gas emissions for sustainable development.
Despite the availability of cost-effective energy efficiency measures in industries, these are not always implemented due to various barriers and obstacles.
To overcome some of these barriers, EE projects can be financed by several financial options including:
- On-Bill Financing
- Property Assessed Clean Energy (PACE)
- Energy Efficiency Mortgages (EEM)
- Energy Performance Contracting (EPC)
TEG provides energy audits, engineering studies/designs, economic analyses, financial recommendations, and construction, project management, maintenance and EM&V services for comprehensive energy efficiency and guaranteed savings projects.