The solar industry’s surge in recent times can in part be explained by its capacity to attract and integrate third-party financing. For numerous reasons, energy efficiency is struggling to replicate this model.
A recent Greentech Media article alludes to the challenges that energy efficiency faces in constructing successful third-party financing models to drive the industry forward.
In a 2013 survey by Noesis Energy, “lack of understanding about financing options” for energy efficiency projects was cited as the number one reason for project failure.
At U.S. Energy Recovery, we are proud to be part of the solution rather than the problem.
Energy efficiency and renewable projects undertaken through our company are eligible for financing from $10,000 to $50,000,000 by using our Shared Savings Program.
The Noesis Energy survey referenced above concluded that two-thirds of all energy projects fail because of lack of funds. The Shared Savings Program allows clients to apportion the cost of projects across monthly payments, at some of the most competitive rates in the industry. By financing ventures, our clients retain crucial cash reserves and cash flow for business operations.
Best of all? Customers using the Shared Savings Program completely own all of the energy saving equipment once the program is complete; leaving them to maximize their energy savings.
At U.S. Energy Recovery, the Shared Savings Program will be an effective resource in our industry’s drive to solve the lack of financing options.
If your company’s hurdle is capital, our Shared Savings Program may be for you, please visit our Shared Savings page to discover more.