Planning image

Energy Efficiency Financing

Several states have developed innovative financing programs for residential energy efficiency retrofits. These states include Connecticut, Massachusetts, New York, Pennsylvania, Maine, Michigan, California, Oregon and others. Most of these states are actively seeking ways to access new private sector investment. One potential financing tool is on-bill repayment (OBR). OBR holds the potential for generating high loan volumes and driving down…
Read More

Clean Energy Investment Fund

Green Banks

A highly promising idea in clean energy finance is the concept of a “green bank” or “clean energy finance authority” that leverages limited public sector funds with private sector capital and provides a one-stop shop for clean energy financing. The CEFC played a key role in helping to create and build Connecticut’s green bank (Clean Energy Finance and Investment Authority,…
Read More

Loan performance data

Loan Performance Data

The market for energy efficiency financing from private capital is still in its infancy. This slow progress is partly due to a shortage of data about 1) the actual performance of energy retrofits (vs. estimated energy savings) and 2) the performance of energy efficiency loans (in particular, default rates). The CEFC, in partnership with other organizations, is currently spearheading a…
Read More

Cell phone with news headline

News and Information

An important component of the CEFC’s mission is to help stakeholders stay informed of developments in energy efficiency finance and solar finance. ┬áThere are few information sources that focus on financing of energy efficiency and small-scale solar energy. ┬áTo fill this information need in the marketplace, the CEFC publishes a free, biweekly electronic newsletter which focuses exclusively on energy efficiency…
Read More

Solar panel installation

Solar Financing

The cost of solar installations has dropped dramatically over the last several years, making solar a much more attractive option for residential and commercial customers than it was before. However, in most of the United States, solar power is still significantly more expensive than fossil fuel-based electricity (considering the cost of each over a 15- to 20-year time frame). Solar…
Read More