FAQ

WHY DO WE FINANCE ENERGY EFFICIENCY AND ENERGY STORAGE

Buildings consume approximately half of all the energy used in the USA and 75% of all electricity. Fossil fuels supply 76% of the energy consumed by these buildings.* Building energy retrofits (applying EE measures to existing buildings): Reduces Energy Consumption Saves owners money Reduces CO2 emissions** Scaling retrofits could mitigate more than 600 million metric…
Read more

HOW DOES THE ENERGY SAVINGS AGREEMENT WORK

Through an Energy Services Agreement (ESA), savings generated pay for the retrofit investments while building owner continues to pay historical, adjusted baseline energy costs. Agreement Building owner pays the Partnership its baseline historical energy bills, which are adjusted for actual changes in weather utility rate and occupancy/usage. Energy usage in tenant space can be measured…
Read more

WHAT IS RENEWABLE ENERGY

Renewable energy is electricity that is produced from sources that replenish themselves naturally. This includes wind, sunlight (solar), landfill and agricultural waste (biomass), the heat of the earth (geothermal), and eligible hydro-electric facilities. These renewable sources of electricity have less impact on the environment than traditional methods of electricity generation, which includes burning fossil fuels…
Read more

IS RENEWABLE ENERGY A GROWING ASSET CLASS

By 2030, 70% of new power generation is expected to come from renewable sources.1 Investment in renewable energy generation capacity (renewable power plants) is expected to total $7 trillion over the next 20 years. 2 235 gigawatts of new generating capacity (including end-use combined heat and power) are projected to be added between 2011 and 2035.3 What’s driving growth? growing energy…
Read more

HOW BIG IS THE MARKET FOR ENERGY EFFICIENCY

The global market for heat-insulated windows and buildings, lighting, and smart electric meters alone is expected to grow to $125B in 2015. (BBC Research)   In New York State alone… (Based on NY Green Bank Estimates April 2014) Energy Efficiency: $55 billion Solar PV $13 billion Combined Heat and Power (CHP): $8 Billion Biomass: $4…
Read more

WHAT DOES THE FUTURE HOLD FOR ENERGY STORAGE

GTM expects 720 MW of cumulative energy storage capacity in the U.S. by 2020

WHAT ARE THE BENEFITS OF RENEWABLE ENERGY

Renewable energy has a much lower impact on the environment than traditional methods of electricity generation. In general, it produces lower levels of air pollutants, waste water, smog, and acid rain, and it can help reduce greenhouse gas emissions. By supporting renewable energy, you can help protect the environment by offsetting the need for more…
Read more

DOES RENEWABLE ENERGY COST MORE

It depends upon the user, but the premium you pay for green power vs. “brown power” has been steadily falling. The average household in Santa Clara using 500 kilowatt-hours (kWh) of power each month will pay an additional cost of $7.50 more for Santa Clara Green Power; less than the cost of two gourmet coffees.…
Read more

WHO IS INVESTING IN RENEWABLE ENERGY

Some of the world’s largest companies and savviest investors are investing in renewable energy projects. 2013 – Verizon Communications announces plans to invest $100 million in solar and fuel cell power plants. 2013 – Google has invested nearly $1.0 Billion in renewable energy projects to date(2). 2013 – General Electric has invested over $1.4 Billion…
Read more

WHAT IS BELOW-SURFACE GEOTHERMAL

The Earth as a Renewable Energy Source: Absorbs 47% of the sun’s energy Underground temperature remains constant between 45–55o F all year round Below-Surface Geothermal System: 2 main components: Ground Loop, a series of flexible plastic pipes buried under the ground Geothermal Heat Pump located in the building During the winter – Extracts heat from…
Read more

WHY DOES RENEWABLE ENERGY = ENERGY INDEPENDENCE = ENERGY SECURITY

The United States consumes over 20 million barrels of oil every day of which nearly 57% is imported1. Energy represents nearly half of our trade deficit. Replacing petroleum fuels (gasoline and diesel) with non-petroleum alternatives and increasing the number of electronic vehicles can significantly lower our dependence upon foreign oil. While most oil goes towards…
Read more

WHY DOES RENEWABLE ENERGY LEAD TO A CLEANER ENVIRONMENT

Renewable energy is better for the environment than even the cleanest alternative technologies Each day more solar energy hits the Earth than the total energy that the 6 billion inhabitants of the planet would consume in 27 years.1 Clean energy from the sun alone can provide 55 times our current energy use and replace all…
Read more

WHO USES RENEWABLE ENERGY

Renewable energy is purchased and used by a wide variety of large and small businesses, local, state, and federal government agencies and a growing number of colleges and universities. You may even be surprised to learn that some of the most well-recognized companies in the world are also some of the biggest users of renewable…
Read more

WHAT DOES THE FUTURE BRING

The buildings of the future will be self-sufficient and energy efficient: