U.S. Senate Committee Hearing

Last week, the U.S. Senate Energy and Natural Resources Committee heard testimony on innovative ways for financing energy efficient building retrofits.

A panel of energy and real estate experts told Congress it could improve building energy efficiency, without ongoing governmental funding, by “streamlining efficiency standards and encouraging innovative financing techniques.”

As more and more business look to energy efficient buildings to reduce expenses, improve property values, create productive working areas, and reduce toxic pollution, the testimony could not come at a better time. In fact, the panel, which included the CEO of Real Estate Roundtable (RER), Jeffrey Deboer, testified that energy efficiency is critical to their businesses, and many clients seek out energy efficient buildings.

There’s no doubt that the energy efficiency industry is growing and creating jobs, so the need to invest in efficient buildings is a definite bright spot for future investments.

The full committee hearing can be heard here.

Source: Natural Resources Defense Council