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MUSH Market Building Financing Options for Energy Efficiency Improvements

MUSH Market Building Financing Options for Energy Efficiency Improvements

Full Title: MUSH Market Building Financing Options for Energy Efficiency Improvements
Author(s): Sam Cramer
Publisher(s): National Association of State Energy Officials (NASEO)
Publication Date: January 31, 2022
Full Text: Download Resource
Description (excerpt):

Buildings owned by municipal and state governments, universities, schools, and hospitals, otherwise known as the MUSH market, represent great potential for states to pursue energy savings. The opportunity for energy efficiency retrofits in the MUSH market could be as much as $66208 billion in unrealized energy savings. However, MUSH market building owners face challenges that prevent them from completing the deep retrofits necessary to achieve high levels of energy savings. These challenges include tight budgets and high deferred maintenance needs, a lack of familiarity with available financing options, and a lack of familiarity with how to apply specific financing options to the projects they wish to complete.

This primer provides information on financing mechanisms that MUSH market building owners can leverage when seeking to finance energy retrofits. It offers an overview of commonly used financing products in the MUSH market, along with roles that State Energy Offices can adopt to either oversee or manage each product. The purpose of this primer is to advance State Energy Office staff knowledge about the financing products available to serve the MUSH market, and to inform State Energy Offices about how they can more effectively provide technical assistance and support to building owners.

All statements and/or propositions in discussion prompts are meant exclusively to stimulate discussion and do not represent the views of OurEnergyPolicy.org, its Partners, Topic Directors or Experts, nor of any individual or organization. Comments by and opinions of Expert participants are their own.

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