Looking back at 2013, NYSERDA’s innovation in efficiency financing stands out
Switchboard, January 2, 2014It’s that time of year– time to look back at 2013. One energy efficiency deal stands out: In August, the New York State Energy Research and Development Agency quietly sold a pool of efficiency loans to investors. Selling loans is unremarkable on its own, but the way NYSERDA made this deal work was genuinely innovative and offers important lessons to other states, cities, and utilities for 2014 and beyond.