Energy Efficiency Finance
The Significance of Energy Efficiency Financing
The Southeast has made significant strides in understanding the opportunities for energy efficiency, and utilities and policy makers alike are recognizing the numerous benefits to be gained in energy security, community resiliency and economic development. However, the Southeast lags other regions in providing access to capital for consumers of all types to achieve energy efficiency gains and realize the associated benefits, including lower bills and greater indoor comfort. Expanding the market for energy efficiency financing represents one of the most significant opportunities for the Southeast to advance energy efficiency, which in turn provides infrastructure investment, job opportunities and economic growth.
SEEA’s Role in Innovative Finance
SEEA’s goal in advancing retrofit financing opportunities and resources is to ensure that customers in underserved communities have access to affordable options for upgrading the energy performances of their homes and workplaces.
SEEA has worked for more than five years to engage, convene and organize public and private finance institutions, utilities, trade professionals and other stakeholders to bring innovative and accessible financing solutions to the Southeast.
It remains critical that energy efficiency lending products evolve into mainstream financial assets that include a high degree of standardization, predictability and scale. SEEA is committed tocontinuing its work with regional stakeholders to identify market-based solutions to fill existing investment gaps.