A Financial Environment Hospitable to Change
Favorable tax policies and a positive regulatory environment have always been the lifeblood of a robust building industry. They are particularly important to the integrated retrofit movement. Better technologies alone will not move the AER market. Public policies, individual and group behavior, and market forces themselves must also be mobilized to reduce energy use in the commercial buildings sector by 20 percent by 2020. The EEB Hub has made it a priority to field a savvy and effective task force charged with identifying and gaining support for retrofit-favorable policies in our region and beyond.
The EEB Hub is identifying policies that accelerate market adoption of energy efficient retrofits of commercial buildings, and will support policy makers in the development of such policies in the Greater Philadelphia region. For example, the EEB Hub will provide a policy brief on the advantages, disadvantages, and alternatives for a Philadelphia commercial building energy benchmarking and data disclosure ordinance.
The EEB Hub is assessing, analyzing and promoting financial mechanisms that enable increased AER project development and execution. The EEB Hub has already partnered with Philadelphia’s EnergyWorks program to demonstrate EEB Hub technologies and strategies in local buildings. Additional research is being conducted and shared on local property rates and tax abatements in market adoption of AERs.
Ask EEB Hub about
- Current federal, state and local legislation that supports a positive environment for AERs
- The role that regulators can play in educating building owners and customers about their energy use
- Loans, rebates, tax incentives and other financial tools available to finance AERs
- Economic development opportunities associated with the emerging AER industry
- Workshops, seminars and other partnering events
Reports
Addressing Market Barriers to Energy Efficiency in Buildings [ Policy, Finance ]
Congressional Budget Office Working Paper Series
Read More
United States Building Energy Efficiency Retrofits: Market Sizing and Financing Models. [ Policy, Finance ]
(From the Rockefeller Foundation and DB Climate Change Advisors) U.S. retrofits could yield $1 trillion of energy savings and create 3.3 million job years; new financing models can unlock this opportunity.
Read More
Addressing Market Barriers to Energy Efficiency in Buildings [ Policy, Finance ]
Congressional Budget Office Working Paper Series
Read More
