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Without a doubt about Elevate Energy we Blog

Thursday, February 11th, 2021

Without a doubt about Elevate Energy we Blog

Simple tips to Optimize On-Bill Financing to aid Illinois Building Owners spend money on Energy effectiveness

This post is written by Marcella Bondie Keenan, policy other at Elevate Energy.

Building owners can save your self cash by purchasing power effectiveness improvements. But when they can not pay the upfront expenses regarding the upgrades, they continue steadily to spend greater power bills as they are even less in a position to purchase energy savings improvements later on.

On-bill funding (OBF) is the one device to simply help owners bust out of the period. It gives a way to purchase energy savings through that loan this is certainly repaid as being an installment that is monthly bills. But, current Illinois OBF programs exclude numerous energy clients due to limitations on loan size, building types, and effectiveness upgrades, in addition to slim definitions of credit history. (more…)