DOE Webinar Looks at Ways to Fund Large Sustainable Projects
The Department of Energy will offer a webinar discussing two mechanisms that tribes and others may use to finance renewable energy and energy efficiency projects of more than $2 million. The mechanisms are energy savings performance contracts (ESPCs) and utility energy service contracts (UESCs). These mechanisms allow for the development of large energy projects with little or no up-front capital costs. The utility or energy service company partner is repaid out of the energy efficiency savings that accrue over time. Indian Country projects that have successfully used these funding mechanisms include a Bureau of Indian Affairs school retrofit and an Aberdeen Indian Health Service effort benefitting nine hospitals.
Successful Project Financing Mechanisms: ESPCs and UESCs
Wednesday, Sept. 24, 2014 11:00 a.m. – 12:30 p.m. Mountain Daylight Time (MDT)
This webinar is free, but requires advance registration. Register now.
For Tribal Energy Program updates and other events, visit the DOE Tribal Energy Program Events calendar.