PowerPoint Presentation.pdf

At the ACEEE Finance Forum on May 23, 2017, Greg Leventis presented an in-depth review of various energy efficiency financing (EEF) programs targeting low- and moderate-income (LMI) households. The following are the main takeaways:

Sector Overview:
The LMI sector is diverse, requiring tailored financing strategies to improve energy efficiency.

Consumer Protections:
Robust consumer protections are essential when offering EEF to LMI households to ensure fair practices and prevent financial burden.

Financing Products:
Several programs have emerged, such as Renew Financial's WHEEL and PACE, PosiGen, NYSERDA, Roanoke REC, Ouachita REC, NYCHA, Fannie Mae's Multifamily Green Financing, Community Preservation Corporation (NY & Chicago), CT Green Bank, and PSE&G (NJ), each offering unique models to facilitate energy efficiency upgrades.

Program Design and Coordination:
Effective program design and collaboration with stakeholders can significantly enhance the reach and impact of EEF initiatives among LMI households.

Overcoming Challenges:
Many programs are successfully addressing barriers to EE adoption in LMI households, demonstrating the potential for widespread implementation.

The presentation highlights the importance of tailored financing solutions and robust consumer protections in promoting energy efficiency within the LMI sector.