Financing Energy Efficiency Projects.

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Introduces energy performance contracts and the corresponding benefits of using tax-exempt lease-purchase agreements as the underlying financing vehicle for energy efficiency improvements in buildings. It explains how to use the energy inefficiencies buried in current operating budgets to pay for energy-saving equipment, without having to compete with capital projects. It also presents a cost of delay model that quantifies the opportunity losses caused by delaying the installation of energy efficiency projects.
Zobler, Neil; Hatcher, Katy
Government Finance Review
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References to Journal Articles