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. An energy efficiency (EE) project is potentially one of the most cost-effective means by which organizations and individuals can mitigate their greenhouse gas emissions for sustainable development.
Upfront costs are the major barrier to implementing energy efficiency project, but we can help you overcome this barrier. The industry financing mechanisms including:
- Utility, state and local incentives
- On-Bill Financing
- Property Assessed Clean Energy (PACE)
- Energy Efficiency Mortgages (EEM)
- Energy Performance Contracting (EPC)
- Pay for Performance (PFP)
In addition to the energy efficiency implementations described above, electrification of transportation, residential and commercial buildings, and industry presents another method to reduce energy consumption costs and greenhouse gas emissions.
If you need to implement any of these projects mentioned here, TEG can help you by providing engineering and economic studies and financial analyses for your project.