Energy Efficiency Financing Accelerated in California Decision

 

Last September, the California Public Utilities Commission (CPUC) made a market-shaping decision to increase the state’s reliance on private capital for energy efficiency financing. The CPUC allocated $65.9 million for a suite of financing pilot programs for the state’s investor-owned utilities.

 

The new suite of programs be offered by all of the state’s major investor-owned utilities. “The programs will approach financing challenges from many angles simultaneously. They will test a variety of financing approaches to discover how to carry them out effectively.”

 

The programs will include residential and non-residential programs. You can read more about the proposed programs at Renewable Energy World.

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About Gaylen Davenport

Worldwide provides clients complete turnkey energy efficiency evaluation and solutions. Our focus is in energy saving measures that offer the most savings and financial incentives, creating a rapid return on investment. What sets Worldwide apart is our ability to design, install and certify our installations to qualify for the Federal tax incentives for energy efficiency, then provide the documentation necessary to secure the tax incentives. Worldwide has recently entered the renewable energy field at the request of several of our clients.